Empty container moves soar

Empty container moves are soaring, according to new analysis by container research outfit, Sea-Intelligence. 

Growing trade imbalances have led to a situation where the need to reposition empty containers significantly exceeds the growth in paying container volumes, the report points out.

“Essentially, the need to move empty containers on the back-haul trades has grown 2.5 times faster than the need to move full containers on the head-haul trades,” the analysis suggests, meaning that headhaul shippers are having to shoulder an increasing cost of moving empty containers going forward.