Supply Chain Council of European Union | Scceu.org
Freight

Red hot container market calls for 500,000 new containers

It is necessary to produce 500,000 new 20-foot containers to stem the currently red hot container market, says US-based freight forwarder Flexport.

In a comment to Bloomberg, the company’s vice president of global ocean, Nerijus Poskus, estimates that it will take hundreds of thousands of new containers to meet the current market demand.

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