Shippers and freight forwarders in India’s Chennai region can breathe a collective sigh of relief as container trailers have called off their stoppage action that lasted nearly four days. The strike was lifted after reaching a new deal on hire charges at a meeting between trailer owners and other stakeholders on Thursday evening.
According to available information, container freight station (CFS) operators agreed to implement a 25% rise in trailer hire rates, compared to an 80% increase demanded by the vehicle owner association. The region includes terminals at the ports of Chennai, Ennore and Kattupalli.
While trailers have resumed cargo movement, industry sources say the clearance of accumulated containers could be a daunting task for CFS workers. “It would take some days for the restoration of normal cargo flow,” sources said.
Source: container-news.com