Container equipment shortage due to logistics not fleet under investment

Container shipping remains disrupted by box equipment shortages which are restricting available capacity and so forcing freight rates to record highs. However, this is being driven by empty container repositioning issues rather than inadequate fleet. According to Drewry’s Container Equipment Forecaster, the global ocean-borne container equipment fleet is expected to end the year having declined 1.1% to 39.9 million teu, compared to a 3.3% projected fall in 2020 global container ... [+]

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