No relief: Global container shortage likely to last until 2022

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The world simply does not have enough containers to handle cargo demand. It’s a conundrum that has persisted for so long that the mainstream press is finally covering it.  

The New York Times reported Friday how the box shortfall is contributing to inflation: “Demand … has outstripped the availability of containers,” while the U.S. pandemic situation has eased to the point where retailers can pass along higher transport costs to consumers without being accused of price gouging — and “the cost of...

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