De-centralization of cargo movement will help ease shipping congestion during challenging times, Gulftainer COO tells industry leaders

De-centralization of cargo movement will help ease shipping congestion during challenging times, Gulftainer COO tells industry leaders

Sharjah, United Arab Emirates: Relentless port congestion and rising freight costs are impacting heavily on global supply chains, with major disruption encountered in sectors such as fast-moving consumer goods, pharmaceutical and agricultural exports. The focus on larger container vessels serving a dwindling number of mega ports has limited the choices of shippers and receivers and created a rush to ship through traditional major gateway ports, leading to backlogs and displaced containers. “There needs to be an effort to de-centralize cargo movement or at least reconsider the speed with which industry…