Global Container Unavailability Rising, Report says
About 12% of global container capacity is unavailable due to delays from congested ports, Lloyd’s Loading List reported Oct. 4. The report, which references an analysis by supply chain research firm Sea-Intelligence, said the amount of additional capacity needed to…
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meet global shipping demand is “being outstripped by the amount of capacity being held up out of service as it awaits berthing slots.” That adds up to global delays for about 3.1 million 20-foot equivalent units, the report said. The amount of “capacity absorbed by delays” had peaked at 11.3% in February before falling to 8.8% in April, but it has since peaked beyond the previous high point, the report said.