Economics

Vital World Trade Route Roiled by ‘Black Swan’ Container Crunch

  • Prices for large steel boxes hauling global trade are up 50%
  • Liners and leasing firms like Triton seeing booming demand
Shipping companies own about half the world’s 35 million containers.Photographer: Krisztian Bocsi/Bloomberg
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The humble shipping container has a new status in the Covid-19 pandemic: hot commodity.