Capacity Crunch: Exporters Struggling to Get Container Space Aboard Vessels

(CIFFA eBulletin – Alex Binkley, Canadian Sailings)

The pace of the recovery has caught shipping lines with too much capacity in mothballs, and they may not even recover by the summer, Mr. Gobeil said. Canadian exporters and freight forwarders are fuming over a serious shortage of export container shipping capacity that’s threatening exports of machinery, agri-food products, minerals and lumber, he said.

Read the full article here.