Forget Containers,Turkish Exporters Are Now Turning to Wooden Boxes Amidst Shortage
Jun, 23, 2021 Posted by Sylvia SchandertWeek 202125
The unprecedented crisis of container shortage across the globe has now led exporters in Turkey to replace containers for their consignments with wooden boxes.
One such exporter is the marble firm from the Denizli province of western Turkey which due to immensely high freight rates and container shortage decided to use wooden cartons and boxes for their export of 11 tons of processed marble to the US, its main market which usually would have occurred in 400 freight containers.
The root cause of the problem is the shortage of containers at Asian ports due to them being stuck at ports of the US or other European countries as the exports from the latter group of countries plummeted significantly during the pandemic, which led to skyrocketing freight rates with limited space on vessels.
Even though the pandemic-related restrictions have been relaxed in many countries, exports from the same have not picked up pace yet, which is the cause of the global container shortage. It has now turned out to be a major obstacle in the road to recovery of the global economy as freight rates maintain a steady rise.
Fonte: Fleetmon
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