News / No post-CNY easing of container shortages – it's a 'cycle of perpetual scarcity'

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Hopes that the Chinese New Year would give container lines breathing space to reposition the vast numbers of empty container appear to be short-lived.

Shippers and forwarders trying to find equipment for shipments out of China had hoped the two-week holiday would allow time to build up a stock of boxes to ease supply chain pressure.

But any gains achieved were unlikely to last long, Akhil Nair, vice president of global carrier management & ocean strategy at SEKO Logistics, told The Loadstar.

“There ...