According to me every move has an advantage and a disadvantage. The business success depends on the ability of a company to factor in variables and continue to stand firm.
Media reports suggest that some of the container lines may raise freight rates in the Asia-Europe trade including ports in the Indian sub-continent. WeeklyInsight learns that some shipping firms also unveiled plans to hike rates from the Far East to North Europe from December. They include Hong Kongâ€™s Orient Overseas Container Line (OOCL), South Koreaâ€™s leading flag Hanjin Shipping, Chinaâ€™s Cosco and Emirates Shipping of