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Freight rates surge on Chinese demand for containers

Freight rates surge on Chinese demand for containers Business May 11, 2021 KARACHI: As the Chinese demand for containers ramps up, there is a sharp surge in freight rates to hurt profitability of Pakistani exporters, it was learnt on Monday. All Pakistan Shipping Association (APSA) Chairman Asim Siddiqui said the freight rates for containers shot up by around 300 percent, and this is the case in the entire region. โ€œChina is the only country in the world posting high growth and their demand ...
United States Ikhtiyar Baig Razzak Dawood Zasim Siddiqui International Federation Of Freight Forwarders Association Baig Group Of Companies

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