Box troubles still hitting forwarders in China and India as prices keep rising

As container prices in China and India continue to surge, local forwarders are “busier than ever” trying to secure space.
Leasing platform Container xChange said there were “few signs” of shortages being resolved, highlighting steep increases in the prices of new and used equipment since last year.
“In China, average prices for used 20ft containers increased 94% between November and March,” the company said.
At $2,028 for a 20ft, Dalian is now the most expensive …

The post Box troubles still hitting forwarders in China and India as prices keep rising appeared first on The Loadstar.

Source: The Loadstar

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