Containers


Chip and container shortfalls drag China's factory output back 

Chip and container shortfalls drag China's factory output back

Shortages in shipping containers and semiconductor chips weighed down China’s production lines in April.The country’s factory activity growth slowed and came up short on forecasts as logistics issues – and costs – and the continued global chip supplies pinch, as well as slow-to-improve overseas demand, all combined to drag down …

Continue reading

Container shortage crisis stacking pressure on China’s export recovery 

Container shortage crisis stacking pressure on China’s export recovery 

China's economic rebound from the coronavirus pandemic is being blunted by a global shortage of shipping containers.Cargo costs have soared to record highs hampering manufacturers struggling to meet global goods orders, as delays in containers returning to China due to the pandemic overseas have put the squeeze on export flows. …

Continue reading