Disruptions in Red Sea route likely to raise freight and forwarding cost by 25-30 pc: Report

Feb 10, 2024

Sustained disruptions in the Red Sea route is likely to raise the freight and forwarding (F&F) cost by 25-30 per cent for corporates largely dealing in international trade, a report said on Friday. Moreover, the working capital cycle is likely to aggravate by 15-20 days, and the impact could be high
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