Exporters fret over surging freight rates

Tribune News Service

Ludhiana, June 14

Exporters in the city are finding it difficult to deliver their orders overseas due to the economic impact of Russia-Ukraine war. The exporters have raised concern over the rising prices of freight, long-queue of containers at the port, unavailability of containers in time-bound period etc.

Sameer Ralhan from Sri Tool Industry said majority of the exporters feel exhausted plugging one problem or the other. “The freight of 40-ft container, which was for $1,000 about two years back is now for $7,000 dollars.

“The government needs to pay attention to sort out the problems being faced by the exporters else we will be ruined.” said a garment exporter.

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