Containers are ‘the new gold’ amid ‘black swan’ box squeeze


“It seems like containers are the new gold these days,” marveled Nerijus Poskus, global head of ocean freight at Flexport.

“Container availability in Asia is extremely limited right now,” added Flexport Head of North American Ocean Freight Jan Hinz during a company webinar on Tuesday. “It’s causing a lot of hardship for our customers and the shipping industry as a whole.

“We have heard anecdotal reports out of Asia that some ships are sailing with open slots simply because there is no equipment —...

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