Container Shortage Starts to Bite, Adding to Pressure on Costs

The predicted container shortages are beginning to bite amid the chaos thrown up in the Red Sea and a flurry of reroutings, delays and cancellations.

“It is getting increasingly difficult to get 40ft high-cube boxes, and also 20ft general purpose boxes, across the main ports in China,” said Hans-Henrik Nielsen, global development director at CargoGulf. “We are empty-repositioning as fast as we can, and we have also taken on the very last batches of new-lease containers, but from today, there are no more … there are ‘out of stock’ signs on the doors of leasing companies.”

Read more in an article from The Loadstar.