Shipping products to global destinations ought to be easy. But what happens when you start running out of containers? Or even worse, when you pay through the roof to get access to one? India wants to export a lot more right now. We have all the goods lined up. We can get them to the ports. But we don’t have the containers. It’s happening due to a “container imbalance.” So we are working with a container deficit right now and there’s a container surplus somewhere out there. But where? It’s the usual suspect— China.
Please refer to the article in Finshots for further details on this.
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