Millions of empty containers will pile up once hectic market subsides
Delays on the container market have entailed an even larger influx of boxes from carriers. There will be an excess once the market ”normalizes” at some point, writes Sea-Intelligence.
by DAG HOLMSTAD
Once the busy container market normalizes and sees lower demand, fewer delays and less congestion at ports, supply chains may end up drowning in millions of empty containers, concludes Sea-Intelligence upon calculating the consequences of an impending recovery.
Already a subscriber?Log in here
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
Get full access for you and your coworkers
Start a free company trial todayRelated articles
Container rates dropped for fifth week in a row
For subscribers
