Chinese manufacturers are pumping out record volumes of freight containers after shippers ordered vast stacks of the steel boxes in an attempt to smooth out disruptions in the global supply chain.
Despite the extra wave of orders, however, shipping executives are warning it will do little to ease the global ocean freight and supply problems as limited availability of containers persists after the surge in online shopping.
The world’s biggest box manufacturers, China International Marine Containers (CIMC), Dongfang International Container and CXIC Group, are struggling to meet demand, even though production has been increased with workers’ hours extended.
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