
Thanks to Concor's special offer to use the shipping lines' containers for transporting cargo of its domestic customers there has been an improvement in capacity utilization. This has improved Container Corporation of India's margins.
Mr Anil Kumar Gupta MD Container Corporation of India said that "In the last two years there were insufficient exports from the hinterland, and imports were higher."
This resulted in piling up of containers of shipping lines in the hinterland. In this context the shipping lines started offering to drop off cargo preferably at ports. Suppose an importer wanted the container to be dropped off at a location in Northern India the shipping line would instead ask the importer that it would drop off the container at the Western port.
(Sourced from The Hindu Business Line)





