Container Shortage 2020

GPSM Truck

The Effects of Container Shortage in 2020 and the reasons why there have been large Ocean Freight increases and Vessel Delays.

Hello, we hope you all had safe and happy Xmas celebrations.

This video explains , in an easy to understand method , some of the reasons why shippers are seeing large increases in Ocean Freight rates and vessel delays . It is interesting to note that , whilst the trade lanes in this video are not relevant to Australia, the circumstances and the fall out is being felt across all international supply chains.

We hope you enjoy this 10 minute video.