Rising Shipping Costs Hit Companies Hard, Causing Concerns

29 Jul 2024 CW Team

Companies worldwide are grappling with the impact of soaring shipping costs, which are causing significant disruptions in supply chains and affecting profitability. The surge in shipping expenses, driven by increased fuel prices, port congestion, and logistical challenges, has led to a financial strain on businesses across various sectors.

The escalation in shipping costs comes as global trade recovers from pandemic-related disruptions. Container shipping rates have surged, exacerbating the burden on companies that are already dealing with inflationary pressures and supply chain uncertainties. For many businesses, these increased costs are translating into higher prices for goods, which could potentially impact consumer demand.

The problem is particularly acute for industries reliant on international shipping, such as retail and manufacturing. Companies are being forced to reassess their supply chain strategies and explore alternative logistics solutions to mitigate the impact of these rising costs. Some are considering shifting to more efficient shipping methods or negotiating long-term contracts to lock in lower rates.

Additionally, companies are investing in technologies to improve supply chain visibility and optimise shipping routes. However, these measures require time and resources, making it challenging for businesses to adapt quickly to the rapidly changing logistics environment.

As shipping costs remain volatile, companies must navigate this challenging landscape while striving to maintain operational efficiency and manage cost pressures. The situation underscores the need for strategic planning and flexibility in supply chain management to weather the ongoing cost fluctuations.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..