Is the swell in box demand here to stay?
Waves and momentum
© Khunaspix Dreamstime.
The container manufacturing industry is on course to post a staggering loss this year.
According to the latest research from Drewry Maritime Advisors, the cost of production is soaring above new box prices.
Drewry’s Container Leasing, Census & Equipment Insight reports that in the fourth quarter last year, a glut of new containers forced down prices to the extent that manufacturers are losing $100-$200 on each one sold.
These losses have come even as the price of steel has also declined, and the ...
Comment on this article