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Industry Trends

Congestion at US Ports: Missed Chances & Remedy

The US supply chain has shown some signs of improvement over the past few months. The turnaround time for vessels peaked in February, and, after concerted efforts from industry and the government, it seems the worst may be over, at least for the time being.

Industry Basics

Supply Chain Collaboration: Now or Never

Supply chain collaboration is not a new concept. Yet everyone has not embraced it. The benefits of actively working with suppliers and customers can be easily quantified. In an increasingly uncertain business environment, even the smallest change to the business process has the potential to positively impact the enterprise’s bottom line.

Expert Speak

Indian Economy Overview: July 2022

Markets are overreacting to the slightest of negative news. Whether you are commoner or a corporate, the current economic situation has brought you to the drawing board. Governments have shrugged off responsibility by blaming external pressures. Stimulus and subsidy bills have put strain on the fiscal health of all major economies.

Trade Insights

IMF’s Top 10 Sea Trading Countries

Only some countries have emerged as experts to become top sea traders. After studying 1,634 seaports in 183 countries, the International Monetary Fund (IMF) has observed that most maritime trade is concentrated in some major ports and nations. Let us dive further to learn more about these economies. 

Trade News

Morbi Ceramic Cluster Takes Production Holiday

The tile and ceramic units based in Morbi had to take a production holiday due to several external factors. Lower demand for containers from ceramic and tiles exporters at Munda port is expected to bring down freight rates for the next month or so.

Trade News

Foreign Exchange: Risk-reward Tightrope

Cross-border trade and uncertainty are inseparable. The risk of foreign exchange rate fluctuation is probably the biggest concern for those involved in international trade. Earning foreign currency, especially the US dollar, helps to pay for imports and narrows the balance of payments of a country.

Expert Speak

Container Self-sufficiency Key for India’s Trade

Following the acute container crisis during the Coronavirus pandemic, the Indian government realized that self-sufficiency is the need of the hour. It is astonishing to learn that India, a member of the Brazil Russia India China and South Africa (BRICS) economic grouping, with ambitions to achieve $1 trillion worth of exports by 2030 currently does not have container manufacturers.

Industry Trends

India Sugar Exports and Outlook

Sugar marketing season starts from October. The cane crushing season generally starts in October-November and continues till mid-April. India’s total sugar production is estimated to be higher at 40 million tons in the 2022-23 season when compared to 39.5 million tons in the current season.

Expert Speak

Railways Key to India’s Logistics Future

India’s logistics policies have focused more on road transport, a mode which ended up cornering 70 per cent of freight transport in the country. Insufficient rail capacity, particularly on some high-density routes has been found to be one of the causes for the decline in rail freight volumes.