The COVID-19 pandemic has left an indelible mark on the global supply chain, forcing shippers and carriers to rethink their strategies and prioritize flexibility over efficiency.
India's Rise as a Key Player
According to recent container shipping data, India's exports to the US are continuing to strengthen, with freight rates from India to the US east coast showing a notable increase.
This trend is largely attributed to the de-risking of supply chains set up by shippers, who are now prioritizing flexibility and resilience over efficiency.
Source: theloadstar.com
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