Key Points
The Red Sea crisis and the disruption to the movement of trains in Punjab due to the farm agitation have adversely impacted the container movement..
As a result, exporters are facing a shortage of containers and a consequent delay in delivery of consignments.. 10% drop in freight movement..
Containers used for imports are usually deployed for exports also due to transportation cost involved in bringing empty containersOn an average, 250-300 containers leave Punjab daily..
Customs clearing agents say there is a shortage of containers in Ludhiana as imports have dropped due to the Red Sea crisis and the disruption to rail traffic..
Federation of Indian Export Organisation president Ashwani Kumar says the Red Sea crisis needs to be addressed by ensuring availability of marine insurance and rationale increase in freight charges..
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