The rising transportation cost of the goods is disturbing the importers and businesses all over the world. As predicted by Trojan’s experts the ocean freight is going to increase or stay in this position for a certain time period. The freight rates have been tripled and quadrupled almost on all the trade routes. According to…

Covid-19 has totally changed the dynamics of the tire industry. The recovery from this pandemic will take time and for small ventures, survival is almost impossible at the moment. The current mission of the organizations is to get back on foot and recover from the losses. All the tire companies have been planning to get…

Singapore banning the entry of ships coming from the Asian countries because of the Covid-19 cases increasing at a rapid speed. India is in a major crisis and recently 4 workers have been tested positive on the Yantian port. The positive cases have been shifted to a hospital and are in stable condition now. According…

The COVID 19 pandemic has ushered in some unprecedented changes all over the world. At the start of the pandemic, everyone thought that freight charges will either decrease or remain unaffected. After all, the global economy had suffered a massive downturn with lockdowns in force all over the world. Hence, it was logical to assume…

The global tire market has been on a bit of a roller coaster ride. Thanks to surging costs of raw materials, it has been registering a price increase of around three to five percent, on average almost every month. It is not just the Chinese tire companies alone, that have increased the prices of their…

Why Tyre Prices Are Increasing? Many factory reports of tyre price increases, along with the recent price increases in steel cords and carbon black, have eventually led to the question: Are tyre prices going to rise? The price of raw materials determines the production cost, and the price of tyres is influenced by consumer supply…

INTRODUCTION For the first time, China's Reform and Opening Up policy, introduced in 1978, permitted private power generation companies and foreign investment. In the past three decades, China's economy has responded with sustained economic growth of more than 10 percent, which has increased China's gross domestic product 15-fold. Today, the global community is leading China's…

Since the third quarter of this year, international shipping rates have been rising, with the ongoing shortage of shipping containers continuing to worsen. This has had a huge effect on the supply chains of cross-border agricultural produce. The cost of container transportation between China and the east coast of the U.S. increased to new highs…