IFW Report by Damian Brett | Thu, 24 Jun 2010
The price of containers has hit a 20-year high as a result of a shortage that has reached “critical” levels.
Analyst AXS Alphaliner said the current price of a new 20ft dry box had increase from US$2,000 per unit at the end of last year to $2,750 today.
The analyst’s figures show this is the highest price since 1991 and far above the average for the last 10 years of between $1,500 and $2,400.
