World Economy

India-New Zealand Trade Pact Begins Oct. 20 as Shippers Seek Alternatives

FW Desk News

FreightWatch.News

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Monday, September 21, 2026

India and New Zealand will activate their free trade agreement on Oct. 20, expanding market access for exporters. The timing reflects industry efforts to diversify supply chains amid volatile trade policies. Transpacific freight rates have climbed recently, driven by capacity constraints and booking volatility across major Asian gateways. Carriers and forwarders are monitoring Asia-Europe trade flows and vessel availability. Major parcel carriers have introduced demand surcharges on imports from multiple regions ahead of peak season, signaling pricing pressure across shipping modes.

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