INDITEX appears to be the first shipper to use a new land-air corridor out of Bangladesh to India, following a recent bilateral agreement, reports London's Loadstar.
The first freighter service, a 747-8F operated by Atlas Air, departed from Delhi for Zaragoza in Spain, where Inditex has a logistics centre, carrying some 124mt of cargo.
The consignment was mainly ready-made garments (RMG), the mainstay of Bangladesh's export trade, which has expanded market share as global importers increasingly search for alternative markets to doing business with China.
Booked RMG exports from Bangladesh for the first half are up 15.5 per cent year on year.
The first transshipment move, from Bangladesh to Delhi, involved a five-day journey by road, using a fleet of 20 trucks.
The shipment followed a trial, handled by Delhi Air Cargo under the cross-border transshipment arrangement. The Indian transshipment connectivity is a big boost for Bangladesh exporters that are reeling under direct/reliable supply chain constraints.
Delhi Airport has expansive international flight connections and wider market reach than Dhaka.
However, for the coming month, the cost of land transport in Bangladesh is expected to spike as Ramadan begins. Trucking rates in Chittagong recently increased between 40 per cent and nearly 100 per cent.
Chowdhury Zafar Ahmed, secretary general of the Bangladesh Covered Van-Truck-Prime Mover Goods Transport Owners Association, said some truckers were now charging up to US$450 for a Chittagong-Dhaka trip, up from about $240.
'The supply of export cargo is now very scant. Some truckers are now charging two-way rates despite carrying goods only one way,' he said.
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The first freighter service, a 747-8F operated by Atlas Air, departed from Delhi for Zaragoza in Spain, where Inditex has a logistics centre, carrying some 124mt of cargo.
The consignment was mainly ready-made garments (RMG), the mainstay of Bangladesh's export trade, which has expanded market share as global importers increasingly search for alternative markets to doing business with China.
Booked RMG exports from Bangladesh for the first half are up 15.5 per cent year on year.
The first transshipment move, from Bangladesh to Delhi, involved a five-day journey by road, using a fleet of 20 trucks.
The shipment followed a trial, handled by Delhi Air Cargo under the cross-border transshipment arrangement. The Indian transshipment connectivity is a big boost for Bangladesh exporters that are reeling under direct/reliable supply chain constraints.
Delhi Airport has expansive international flight connections and wider market reach than Dhaka.
However, for the coming month, the cost of land transport in Bangladesh is expected to spike as Ramadan begins. Trucking rates in Chittagong recently increased between 40 per cent and nearly 100 per cent.
Chowdhury Zafar Ahmed, secretary general of the Bangladesh Covered Van-Truck-Prime Mover Goods Transport Owners Association, said some truckers were now charging up to US$450 for a Chittagong-Dhaka trip, up from about $240.
'The supply of export cargo is now very scant. Some truckers are now charging two-way rates despite carrying goods only one way,' he said.
SeaNews Turkey
