Container Shortage Starts to Bite, Adding to Pressure on Costs

17 Jan Container Shortage Starts to Bite, Adding to Pressure on Costs

Recent disruptions in the Red Sea are causing container shortages, leading to reroutings, delays, and cancellations worldwide.There is currently an increasing difficulty of obtaining 40ft and 20ft containers at major Chinese ports. Despite efforts like empty repositioning and leasing last batches of containers, there are now ‘out of stock’ signs at leasing companies.

This shortage poses a significant challenge, impacting logistics efficiency and increasing costs. Businesses are urged to stay informed, be proactive, and adapt strategies for agile supply chain management. As the industry responds, businesses should assess logistics plans, explore alternative solutions, and remain resilient amid these challenging times.