Containers are being built at a record pace. It’s still not enough

container

When will the container capacity crunch finally ease? For an early indicator, keep an eye on production of the humble 40-foot dry cargo box. If the volume and cost of new containers pull back, supply chain pressures are abating.

Unfortunately for beleaguered cargo shippers, these bellwethers now imply the opposite: that the scramble for container capacity is growing even more intense.

New container prices still rising

On Tuesday, the world’s largest container-equipment leasing company, Triton...

https://www.freightwaves.com/news/containers-are-being-built-at-a-record-pace-its-still-not-enough

Commentary: Flags of inconvenience causing problems for crew members

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.  

On a tonnage basis about 70% of U.S. exports and imports travel by ocean vessel. Volume-wise it is the most important mode of international trade. When merchandise trade is focused on Canada and Mexico, as members of the United States-Mexico-Canada Agreement (USMCA), the motor carrier sector dominates in U.S. export flows. Since March 21, 2020 border crossings...

https://s29755.pcdn.co/news/commentary-flags-of-inconvenience-causing-problems-for-crew-members

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