Stacks of empty shipping containers drive up costs : vimarsa

Stacks of empty shipping containers drive up costs


Stacks of empty shipping containers drive up costs
Lindsay Chappell
Courtesy Port of Oakland
Battleships can't turn on a dime, and neither, apparently, can the global traffic of container ships.
And that's bad news for the auto industry. According to the consulting firm AlixPartners, a perfect storm of market problems last year got the world's supply of shipping containers out of whack, and as a result, overseas shipping prices have been rising.
The spot price for shipping a 40-foot container from Shanghai to Long Beach, Calif., has reached a 10-year high, exceeding $4,000, AlixPartners reported last week — up from a normal rate of $1,600.

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Shanghai , China , Marc Iampieri , , Long Beach , ஷாங்காய் , சீனா , நீண்டது கடற்கரை ,

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