NewsBox lines plot a course for Indian trades as the economy grows

November 30, 2023by 0

Container lines – trying to weather demand downturns in traditional or high-volume markets – are pouring more tonnage into Indian trades, as the emerging economy is forecast to grow faster than its larger counterparts, notably China. 
India-US trade seems to be a big bet in the capacity rationalisation game, as carriers expect a trade boost from diversifying supply chain patterns in the Asian region. 
Singapore-based liner Ocean Network Express (ONE) this week …

The post Box lines plot a course for Indian trades as the economy grows appeared first on The Loadstar.

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