Shipping Container Crunch Shows Signs of Easing

Capt. John
  • Container xChange saw turning point in mid-February.
  • Liners have realigned containers to meet transpacific demand.

Elevated rates for shipping containers have begun to ease, according to market participants from various regions, but remain well above levels seen prior to the pandemic, reports ICIS.

Global container shortage

A global shortage of shipping containers that’s sent ocean freight rates skyrocketing shows signs of easing, according to an index that tracks the steel boxes used to...

https://mfame.guru/shipping-container-crunch-shows-signs-of-easing/

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