Empty freight containers stacked up at Shanghai’s Waigaoqiao port. A shortage of containers is posing problem for Chinese exporters. Photo: Daniel Ren
Shortage of shipping containers at Shanghai port leaves exporters scrambling to meet delivery schedules
- With exporters scrambling to meet delivery schedules and commitments, shipping freight rates from China have surged by more than 300 per cent since March
- Uneven distribution of containers at major ports around the world is causing a major headache for Chinese exporters
Empty freight containers stacked up at Shanghai’s Waigaoqiao port. A shortage of containers is posing problem for Chinese exporters. Photo: Daniel Ren