Relief for depressed US trucking sector with green shoots of a recovery
Over the past seven or eight months, reflection in the US trucking industry has been ...
Container depots in China are full and having to turn away new customers, following a slowdown in exports.
Container xChange CEO and co-founder Christian Roeloffs said: “We hear from many customers that the demand for containers is still there, just that the supply is overshooting the demand.
Due to this, we see ripple effects, such as depots working at maximum capacity and not being able to accept new clients.”
Container xChange’s latest report suggests China’s container depots are working at 90% utilisation, adding: “Oversupply ...
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