Containers in short supply as Chinese exports surge


Source: people.cn people.cn

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Aerial photo taken on Aug. 17, 2020 shows the container dock of Shanghai's Yangshan Port, east China. (Xinhua/Ding Ting) -- China's latest index of export container transport hit a record high, reflecting a supply shortage of containers, mainly due to the nation's fast-growing exports. -- In early November, the eight major shipping hubs, including Shanghai and Ningbo, saw container throughput rising by 13.1 percent year on year. Specifically, container throughput for foreign trade increased by 11.5 percent from a year earlier. -- As a result, container manufacturers have been working 24 hours a day and seven days a week to...