Mr O'Brien said this had led to shipping companies increasing their container costs. For Boxer Gifts that has amounted to a 250% increase in shipping rates in the past two weeks, he said.
With rising shipping costs and increased competition, businesses are constantly seeking efficient ways to cut expenses and ...
The use of shipping containers has evolved far beyond their original purpose of transporting goods across seas and borders.
Purchasing geared 500-TEU container ships cost an average of $10 million in March 2010, while gearless ships of 6,500 and 12,000 TEU cost an average of $74 million and $105 million. The cost of ...