The return to ’supply chain normalisation’ has led to the container liner industry being hobbled by an estimated surplus of 5m teu of boxes, piled high on storage quays and in depots around the world. 

 

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https://theloadstar.com/ocean-carriers-boxed-in-by-5m-teu-surplus-equipment-mountain/ 

 

The shortage of boxes that is plaguing shippers is not due to any underinvestment in the equipment fleet, but due to the extended time they are spending in transit, according to container shipping specialist Drewry 

 

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https://www.lloydsloadinglist.com/freight-directory/news/Little-relief-in-sight-for-container-equipment-shortages/79935.htm#.YUoN17hKiUk 

Shipper competition driving up ocean freight rates 

 

Rates will keep rising while there is more cargo than capacity to ship it, with some cargo owners on long-term contracts and high volumes benefitting from their scale and gaining a significant competitive advantage 

 

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https://www.lloydsloadinglist.com/freight-directory/news/Shipper-competition-driving-up-ocean-freight-rates/79469.htm?cl=article_1&elqTrack=true&mc_cid=90a5c94a82&mc_eid=bb81110dd5#.YOiAKOhKiUk 

 

Long-suffering cargo owners face another wave of pain as the terminal congestion from the coronavirus outbreak in southern China threatens to ripple around the world. 

 

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https://www.lloydsloadinglist.com/freight-directory/news/Yantian-%E2%80%98contagion%E2%80%99-will-spread-around-the-world/79257.htm?cl=article_2&elqTrack=true&mc_cid=647b44b5b3&mc_eid=bb81110dd5#.YMDOSflKiUk 

 

Container shipping service quality is continuing to worsen, with the number of boxes being rolled increasing. 

 

Figures from freight visibility platform project44 shows the percentage of containers missing their scheduled sailings is rising, with some carriers and ports rolling more than half their cargo in April. 

 

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https://www.lloydsloadinglist.com/freight-directory/news/Over-half-of-container-bookings-rolled-at-some-ports/79051.htm?cl=article_3&elqTrack=true&mc_cid=52eb03e8db&mc_eid=bb81110dd5#.YJzjDqhKiUk 

 

The container shortages that have been adding to logistics logjams in Asia and beyond are showing few signs of being resolved, according to the latest data from Container xChange, an online platform for the leasing and trading of shipping containers. 

 

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https://www.lloydsloadinglist.com/freight-directory/news/Container-prices-surge-in-China-and-India/78904.htm#.YIBJXOhKiUk