Supply chain signals: New-container prices and production finally peak
After last year’s historic run-up, factories are producing fewer containers and pricing of new boxes is down.
After last year’s historic run-up, factories are producing fewer containers and pricing of new boxes is down.
A small number of non-U.S. entities determine vessel and container levels for U.S. ocean supply chains.
With no end in sight for global supply chain crisis, importers warned to brace for high costs throughout next year.
Chinese container production still trails torrid demand. Ever Given accident was ‘icing on the cake’ — making box shortfall worse.
Cargo shippers hamstrung by the global container shortage should not expect a box building spree in China to come to their rescue.
Ocean carriers toed the line on capacity control in 2020. What does this new normal mean to shippers, yards and leasing companies?
More recovery signals: container lease pricing up over 50% versus second quarter, new container prices up 40% year-to-date.
Former Port Authority of New York and New Jersey executive takes over at IICL from Steven Blust, who will continue in a senior adviser role.
Bullish signal: Strong demand for box equipment extends into 2021.
New ocean container floor design developed and tested by the Institute of International Container Lessors over the past 10 years reduces wood use by up to 45%.
Container leasing company Textainer said a traditional peak season did not materialize in 2019.