Since February 2026, global container freight rates have surged, largely influenced by ongoing Middle Eastern unrest. In contrast, India's container trade remains robust, showing a remarkable 23% increase in September 2026. Exports to the US experienced a staggering 48% year-over-year rise.
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Business
October 19, 2026 at 10:10 AM
Global freight costs surge 130% as Middle East tensions rattle shipping routes
TOI Business
Excerpt from TOI Business.