Empty Container Surge Symbolizes Shipping Industry For The Worst Crisis

Capt. John
  • Los Angeles inbound empty international containers have surpassed loaded volumes for first time since early 2019.
  • For the first time in the rail container volume index history, nonholiday empty containers outnumber the loaded container volumes heading into Los Angeles.
  • This occurred briefly at the beginning of 2019 around New Year’s when the trade war with China was escalating.
  • Empty international containers are controlled mainly by the maritime operators and can signal growth in import...

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