News / HMM creates digital system to track and move empty containers

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South Korea’s flagship container carrier HMM has designed its own online system to locate and exchange empty containers with other companies.

The company yesterday applied to patent its HMM Container Interchange Platform (HIP).

“HIP is a self-developed service to quickly exchange HMM’s containers with other companies’ to resolve the container imbalance by region,” said HMM.

It said an imbalance of container supply across regions remained a chronic problem, despite freight levels and port congestion having normalised. Back-haul shipments returning to Asia from Europe/North America ...