Red Sea crisis and peak season do you have a container plan?

News Snapshot:

The established Red Sea diversion routes may have provided some clarity for companies in their supply chain planning, but it’s the duration of these diversions that needs to be factored in when strategizing for peak season. Why? Container availability. Yes, manufacturing orders are down but with containers out on the water longer, it delays those coveted boxes getting back to the manufacturers so they can be filled with U.S. imports. According to the latest data from Sea-Intelligence, the longer transit increases global twenty-foot equivalent unit miles by 16%. “This means that the need for capacity also increases by 16%,” said...