Shipping containers becomes new buzz word as coronavirus leaves industry struggling to meet demand

Jan 11, 2021 | INVESTING

Until recently, it was not that common to use the word container within the shipping industry, with concerns more focused on the bigger picture of vessels and capacity.The coronavirus and its impact on the global supply chains, though, has changed that, and amid surging demand and record freight rates, it is a trend that industry insiders expect to extend into the second half of the new year.Since last summer, container freight rates have been rising mainly due to sustained demand, particularly…

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