India/China armed clash sparks delay and extra costs to cross-border trade

July 7, 2020 Sam Whelan

Trade between China and India has suffered following a deadly border skirmish last month.
Since the brutal clash in the Himalayas on 15 June, which reportedly left 20 Indian soldiers dead, retaliatory measures between New Delhi and Beijing quickly spilled over into increased customs checks and delays for Chinese shipments entering India.
However, freight forwarders in India told The Loadstar exports from both sides had been affected.
“There are instances where buyers in ...

The post India/China armed clash sparks delay and extra costs to cross-border trade appeared first on The Loadstar.

Previous Article
Air freight rates almost back to pre-Covid levels as jet fuel price rises too
Air freight rates almost back to pre-Covid levels as jet fuel price rises too

Air freight rates have sunk to mid-March levels, while jet fuel prices rose 7% last week, putting more doub...

Next Article
Uber Freight looks to accelerate automation as it weathers the pandemic
Uber Freight looks to accelerate automation as it weathers the pandemic

The Covid-19 pandemic has not been a disruptor for Uber Freight. Thanks to the digital brokerage’s cloud-ba...