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Pressure on India-US trades as Colombo becomes a transhipment hot-spot
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Pressure on India-US trades as Colombo becomes a transhipment hot-spot
Colombo’s increasing popularity as a transhipment hub is heaping cost pressure onto forwarders and shippers on the India-US tradelane, the Sri Lankan gateway’s newfound revenue stream having provoked a worsening tide of congestion. Recognising India is facing its own congestion issues, particularly at Mundra and Nhava Sheva, CH Robinson said Colombo’s status as a transhipment hot-spot was elevating the risks of rolled cargo. “When mainline servi…
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