As manufacturers went into lockdown and closed factories, many of the containers used to ship those manufactured goods were left stranded at ports or storage depots, where they weren’t needed.
Container volumes failed to keep pace with overall gains as ocean shipping reversed a previous-year decline in the face of headwinds that threaten its fragile recovery. Global maritime trade increased ...
Container ships have revolutionized shipping, making it more cost-effective and efficient to transport goods across oceans. Malcom McLean, an American entrepreneur, introduced the concept of ...