By Brendan Murray (Bloomberg) — The humble shipping container has a new status in the Covid-19 pandemic: hot commodity. Shortages of the ribbed steel boxes that have plied the global economy for a half-century are plaguing transpacific routes in particular. The dearth is boosting the purchase price of new containers and lease rates by 50%, […]
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[post_content] => By Brendan Murray (Bloomberg) — The humble shipping container has a new status in the Covid-19 pandemic: hot commodity. Shortages of the ribbed steel boxes that have plied the global economy for a half-century are plaguing transpacific routes in particular. The dearth is boosting the purchase price of new containers and lease rates by 50%, […]
[post_title] => Container Crunch Roiling Global Trade
[post_excerpt] => By Brendan Murray (Bloomberg) — The humble shipping container has a new status in the Covid-19 pandemic: hot commodity. Shortages of the ribbed steel boxes that have plied the global economy for a half-century are plaguing transpacific routes in ...
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