Half-empty warehouses in the US could extend container market boom for rest of 2021

US retail trade stockpiles are very low and if retail sales following the coronavirus pandemic follow normal a development pattern, it could mean continued import growth in the container market for the rest of the year, reports Sea-Intelligence.

Photo: PR/MSC

Half-empty warehouses in US retail trade could be good news for container lines, which can look forward to the current earnings boom in the container market continuing throughout the year.

If sales developments follow the usual trend, the US retail sector needs to replenish its stockpiles in the coming months. Stockpiles - compared to retail sales - are now at a historic low, reports analyst firm Sea-Intelligence.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Trial banner

Latest news

See all jobs