The vast imbalance of Russia-China trade since the former invaded Ukraine has led to 150,000 empty containers piling up in Moscow.
Per the new Container xChange report, the rise of Chinese exports into Russia since it started the invasion of Ukraine has led to 150,000 extra shipping containers in Russia that importers are scrambling to return to China. Secondly, the cost of second-hand containers in Russia has gone down tremendously.
Christian Roeloffs,...