When Will the Container Chassis Shortages End in Ocean Shipping?
In light of pandemic-related port congestion globally—especially between Asia, Australia and the Americas—container chassis shortages are creating new challenges across the global supply chain: Unnecessary delays to ocean shipments Additional strain for shipments already facing persistent port and rail ramp congestion Lack of vessel space due to export delays Increased lead times for bookings Now more than ever, choosing the right logistics partner is crucial to make sure your shipment is paired with the right equipment at the right time. Background Chassis for port drayage used to be owned by steamship lines and stored in the port. Changes in federal oversight regarding the roadworthiness of the equipment led most of the top carriers to exit the market, shifting ownership of chassis to third-party providers. As a result, many of the older units were gradually scrapped and not replaced, reducing the overall pool available at any one time. At the same time, increasingly larger s...