Meanwhile in #suplychain #logistics, the production of #containers has sharply declined as global trade continues to be constrained & a surplus of containers sits at ports around the world.
Whether this is a lead or lagging indicator is an interesting Q.: does it merely reflect a previous surge & now over-capacity in containers ready to be used, or does it reflect worsening expectations for global trade?
Or given these are 20ft containers, does it relfect a swing back to larger 40ft units?
@ChrisMayLA6 Answing your last question first: "20ft equivalent" (TEU) is a standardized metric of volume, without any indication of container size.
A 40-ft container is 2 TEU, and 45-ft high-cube is 2.25 TEU, etc.
Thanks for that; the FT article on which I drew, clearly distinguishes between production of 20ft TEU production & the larger 40ft #containers, but I accept I may be conflating that point & the production figures in the post - apologies for the lack of clarity - thanks for the reminder
Emeritus Prof Christopher May
OpenDNA⚙️