xChange’s Container Availability Index (CAx) looks into the entering and leaving of containers from ports on a weekly basis, covering over 10 million containers and following their journey. A CAx value of 0.5 indicates a balance, meaning that the same number of containers are leaving and entering a port in a certain week. On the…
Right now the biggest crisis facing the sea freight shipping industry is the problem of dealing with the tremendous container shortage. Not just the transportation and logistics industry but also the manufacturers, trading companies and retail businesses are reeling under the impact of a massive container shortage in the last quarter of 2020. Keep reading…