Disunified chassis leasing system exacerbates port congestion

Federal Maritime Commission

The ongoing container shortage and port congestion is becoming old news. Freight income per TEU is higher than ever due to the COVID-spurred consumer demand for goods. The industry is seeing a large number of blank sailings, not for lack of cargo, but because the containers sit in waiting for so long, they lose their place in the rotation.

“If your product isn’t in the U.S. by the end of October, you’ve hurt your ability to maximize holiday sales,” FreightWaves Senior Retail Analyst Andrew Cox...

https://www.freightwaves.com/news/disunified-chassis-leasing-system-exacerbates-port-congestion

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