Since last summer, container freight rates have been rising mainly due to sustained demand, particularly for home-related items, as well as an increasing shortage of containers and other equipment. Photo: Xinhua Since last summer, container freight rates have been rising mainly due to sustained demand, particularly for home-related items, as well as an increasing shortage of containers and other equipment. Photo: Xinhua
Since last summer, container freight rates have been rising mainly due to sustained demand, particularly for home-related items, as well as an increasing shortage of containers and other equipment. Photo: Xinhua

Shipping containers becomes new buzz word as coronavirus leaves industry struggling to meet demand

  • Last year, rates on the busiest routes from China to the west and east coasts of the US ended 208 per cent and 110 per cent higher than in 2019
  • China delivered 2.6 million 20-foot containers last year, with more than 70 per cent produced in the second of 2020 in a bid to meet demand

Topic |   Transport and logistics
Since last summer, container freight rates have been rising mainly due to sustained demand, particularly for home-related items, as well as an increasing shortage of containers and other equipment. Photo: Xinhua Since last summer, container freight rates have been rising mainly due to sustained demand, particularly for home-related items, as well as an increasing shortage of containers and other equipment. Photo: Xinhua
Since last summer, container freight rates have been rising mainly due to sustained demand, particularly for home-related items, as well as an increasing shortage of containers and other equipment. Photo: Xinhua
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