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According to #GlobalMarketDatabase, Shipping containers are the lifeblood of global commerce, but all-important containers have recently been in short supply in the US. And it causes shortages, long production & distribution lead times, and ultimately, stock-outs for consumers. <br>Read the full blog here: - https://globalmarketdatabase.com/shor... #ShippingContainers #Supplychaincrisis #containershortages #containerchassis #transport #logistics #covid19impact #warehouses #shippingindustry #shippinggiant #shippingcontainercompany #Maersk #Hapag-Lloyd #marketresearch #marketanalysis #businessintel
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Shortage of shipping containers in the U.S.
As different parts of the world recovered from the pandemic late last year, there was a buying frenzy, resulting in critical container shortages
Globally, the pandemic has caused significant social and economic disruption, including strict social distancing, travel restrictions, and one of the most severe global slowdowns since the Great Depression
A.P. Moller-Maersk A/S, the Danish container shipping giant, told investors in August that revenue increased by more than 60% in the second quarter
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