Who profits from the soaring container prices?
Containers at Port of Rotterdam. Photo credit: Alf van Beem
“In all my years working in this industry, I have never seen anything this crazy”, says Osmo Lahtinen, the founder of the Finnish container leasing company OVL. The ‘crazy’ refers to the different situations in terms of containers in China and Western countries. In Asia (especially China), there is a severe shortage of them, while in European and U.S ports, they pile up like mountains.
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