Containers can only go in and out! The lack of boxes will continue for 4 months!
- Author:Kyrie
- Source:Sunny
- Release Date:2020-10-24
The container can only get in and out, it's strange if there is no shortage of containers"
In recent months, the distribution of containers around the world has been severely uneven. Foreign terminals are calling me that I can’t stack so many boxes. What about domestic terminals? Ah, where is the box?
Both Textainer and Triton, the world's top three container equipment leasing companies, said that the shortage of containers will continue in the coming months.
Textainer said: "Before mid-February next year, it is difficult to restore the balance between container supply and demand, and the shortage of containers will continue until after the Spring Festival in 2021.
55% of the containers in the global liner fleet are produced by leasers such as Textainer and Triton, who lease the containers to customers, namely shipping companies.
In this regard, the forecast of the leasing company clearly indicates the direction of the market. The remaining 45% is purchased directly from the manufacturer by the shipping company.
Wendling explained that rising prices have pushed up the prices at which manufacturers sell boxes.
In an investor presentation in September, container leasing company Triton made a point very similar to Textainer's forecast. The conference issued a report, which summarized as follows:
"Triton expects that trade activity will continue to intensify through the fourth quarter, and demand may remain strong during the Lunar New Year period (mid-February 2021)."
The shortage of containers and the congestion of the ports are another obstacle for the boxes that need to be repositioned, causing exporters and forwarders to be dissatisfied with the services provided by the carriers.
In recent months, the distribution of containers around the world has been severely uneven. Foreign terminals are calling me that I can’t stack so many boxes. What about domestic terminals? Ah, where is the box?
Both Textainer and Triton, the world's top three container equipment leasing companies, said that the shortage of containers will continue in the coming months.
Textainer said: "Before mid-February next year, it is difficult to restore the balance between container supply and demand, and the shortage of containers will continue until after the Spring Festival in 2021.
55% of the containers in the global liner fleet are produced by leasers such as Textainer and Triton, who lease the containers to customers, namely shipping companies.
In this regard, the forecast of the leasing company clearly indicates the direction of the market. The remaining 45% is purchased directly from the manufacturer by the shipping company.
Wendling explained that rising prices have pushed up the prices at which manufacturers sell boxes.
In an investor presentation in September, container leasing company Triton made a point very similar to Textainer's forecast. The conference issued a report, which summarized as follows:
"Triton expects that trade activity will continue to intensify through the fourth quarter, and demand may remain strong during the Lunar New Year period (mid-February 2021)."
The shortage of containers and the congestion of the ports are another obstacle for the boxes that need to be repositioned, causing exporters and forwarders to be dissatisfied with the services provided by the carriers.