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Shipping container prices tumble on inventory glut

Prices for new and second hand shipping containers as well as lease rates fell in 3Q19 as factory stocks continued to build up and prospects for container shipping cooled. Container shipping remains challenged by rising geopolitical uncertainty and a slowdown in the global economy. In response Drewry recently cut its forecast for global container port ...

WP_Post Object ( [ID] => 218165 [post_author] => 78 [post_date] => 2019-10-28 22:00:57 [post_date_gmt] => 2019-10-28 22:00:57 [post_content] => Prices for new and second hand shipping containers as well as lease rates fell in 3Q19 as factory stocks continued to build up and prospects for container shipping cooled. Container shipping remains challenged by rising geopolitical uncertainty and a slowdown in the global economy. In response Drewry recently cut its forecast for global container port ... [post_title] => Shipping container prices tumble on inventory glut [post_excerpt] => Prices for new and second hand shipping containers as well as lease rates fell in 3Q19 as factory stocks continued to build up and prospects for container shipping cooled. Container shipping remains challenged by rising geopolitical uncertainty and a s... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => shipping-container-prices-tumble-on-inventory-glut [to_ping] => [pinged] => [post_modified] => 2019-10-28 22:00:57 [post_modified_gmt] => 2019-10-28 22:00:57 [post_content_filtered] => [post_parent] => 0 [guid] => https://www.hellenicshippingnews.com/?p=788637 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )