Freight rates to spike as Indian exporters rush shipments amid 90-day US tariff pause

Indian exporters brace for potential freight rate hikes following the U.S. decision to temporarily pause reciprocal tariffs, excluding China. This move has spurred a surge in shipments, straining container availability and potentially leading to double-digit rate increases. Experts caution that uncertainty and Red Sea instability compound challenges for India's container logistics sector, heavily reliant on leased containers.