17 January 2024
Freight News

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.


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