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Transportation Cost of Container Cargo Increases by 700% in Pakistan

Cost of Container Cargo Increases The Other Side-Pakistan
Cost of Container Cargo Increases The Other Side-Pakistan

The Other Side-Pakistan: The transportation cost of containerized cargo across the globe has increased by up to 700 %.

The same has taken place in Pakistan as well.

This is being attributed to abnormal growth in imports as the global economies reopen following COVID-19 pandemic-related lock downs.

Pakistan International Freight Forwarders Association’s Former Chairman and CEO of Agility Pakistan, Malik Moin, told media that freight charges for cargo in a 20-feet container arriving from China to Pakistan increased to $2,000-$3,000, as compared to around $700 in June 2020.

Pakistan mainly imported cargo through the Far Eastern countries like Thailand, China, Hong Kong, and Singapore, he mentioned.

Courtesy: propakistani

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Zia Uddin

Zia Uddin

Zia Uddin is a Showbiz News Specialist. He is working in the entertainment news industry since 2016. He loves music and movies. He mostly writes about Movies, TV Shows and many other topics.