China's Container Production Cuts Amid Shipping Industry Slump
Container production is waning in China, where empty containers collect in ports amid weakening exports. All these are ...
Source: theepochtimes.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.
Source: dcvelocity.com
Empty Shipping Containers Pile Up in Chinese Ports as China's Exports Continue to Decline
Empty shipping containers used for export have been piling up in Shanghai, Ningbo, Guangdong, and other major Chinese ...
Source: theepochtimes.com
Bearish container shipping demand hits container prices and leasing rates across Europe | Manufacturing & Logistics IT Magazine
Excess containers stranded across Europe are causing congestion bottlenecks and space shortages at ports, warehouses, and storage yards, according to the March edition of the Europe Container Market Forecaster, published by Container xChange.
Source: logisticsit.com
Empty containers stack up at major Chinese ports after zero-COVID effect lingers
Shipping industry sources say the flow of goods has reversed direction, with more entering ports than leaving.
Source: rfa.org