Business Today

Container Crunch

11% Year-on-year decline in container traffic across major Indian ports in April-December 2020

Over the past four-five months, Patton International, a Kolkata-based electrical conduit fittings manufacturer, has been sending, on average, two container loads of goods every day by road to Jawaharlal Nehru Port in Mumbai. The decision to skip Kolkata port next door and get consignments transported 2,000 kilometres by road to Mumbai shows desperation arising out of acute shortage of containers at Kolkata port and prevailing uncertainty over the transit time to the final destination, the US.

“Our containers used to get loaded at Kolkata and go to Colombo for transhipment to Europe and the US. Post the pandemic, our goods began to take 90-100 days to reach the US through this route. Shortage of containers, and congestion at Colombo port,

You’re reading a preview, subscribe to read more.

More from Business Today

Business Today4 min read
Keeping The Spirits High
THE FIRST THING that a chuffed Anuradha Razdan tells you is that she has completed 25 years at FMCG major Hindustan Unilever Ltd (HUL). She passed out from the prestigious XLRI in Jamshedpur in 1999 and joined HUL as a management trainee. She has bee
Business Today1 min read
Steve Jobs Of India
A true Technology Visionary Entrepreneur, Pioneer in Indian Technology World, Known as the “Steve Jobs of India” and “Guru in Semiconductors”, INDRAJIT SABHARWAL Founder and Chairman of SIMMTRONICS SEMICONDUCTORS holds Engineering and Post Graduate M
Business Today1 min read
Cometh The Shower
NOTE: Rainfall <90% of LPA: Deficient; 90-95%: Below Normal; 96-104%: Normal; 105-110%: Above Normal; and >110%: Excess Rainfall SOURCE: CMIE ECONOMIC OUTLOOK, IMD Of the long-period average (LPA) rainfall the country is expected to receive this mons

Related Books & Audiobooks