Empty containers stack up in Europe as region's economy sputters
Repositioning costs exceed the asset cost of surplus shipping boxes, but 2024 holds promise for improvement, Container xChange says
Source: dcvelocity.com
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China has a "significant container surplus," Container xChange says
Trend caused by a drop in Chinese exports during first quarter due to softening western demand, but falling prices may soon correct that cycle.
Christian Roeloffs April Asia Chinese New Year Germany Based Container Container Availability Index Container Xchange
Source: dcvelocity.com