ARCON Container - Effective Container Management
Supal Shah, CEO - ARCON Container, and CEO – Sarjak Container Lines, shares the trends and challenges in the Container Market, and the impact of government policies on the logistics industry.
What are the current challenges in India’s Container Market?
The Container Market is faced with the challenge of repositioning empty containers, which are currently seeing an oversupply in the market, and shortage of storage space. The container industry was on a roll post-pandemic, stabilising over the past 6 months. The prices of the containers went up by more than 100% for brand new containers and more than 300% for old containers. However, prices have now corrected to the pre-pandemic level.This is a premium article available exclusively for our subscribers.
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LIFTING & SPECIALIZED TRANSPORT, SEPTEMBER u2013 OCTOBER 2023