Forwarders look to shipper-owned containers to boost reliability
With the pressure on equipment capacity showing no sign of abating, freight forwarders are increasingly turning to “shipper-owned containers (SOCs)” to minimize the risk associated with port congestion and potential penalties, amid Covid-induced supply chain dysfunction. The top 50 forwarders accepting SOC requests had risen sequentially from 6% in 2019 to 18 % in 2021, […]
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