Demand for global containers plummets while warehouses sit fully stocked

Trade & Border IssuesHot SpotsSalesMoney Matters
Written By Jennifer Joslyn

🫠 Demand for global containers plummets while warehouses sit fully stocked.

Containers are no longer in hot demand, so retail orders, shipping containers, and ship sailings are being canceled left and right. Unfortunately, there is not enough depot space to accommodate all the containers just sitting around unused. Container owners are likely to be incurring hikes in storage fees to disincentivize longer stays at the congested depots.

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Jennifer Joslyn
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