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There is a shipping container surplus in the US due to the large trade imbalance between the the US and the far east.(1) It's my understanding that it's genera
by mojomark 9y ago
There is a shipping container surplus in the US due to the large trade imbalance between the the US and the far east.(1)
It's my understanding that it's generally cheaper for the far east to manufacture new containers than pay to ship empty containers back. Like you mention, there are also a number of containers that age out.
1. https://people.hofstra.edu/geotrans/eng/ch5en/appl5en/ch5a3en.html https://people.hofstra.edu/geotrans/eng/ch5en/appl5en/ch5a3e...