Looming global container shortage a threat to NZ trade

Mon, 16 Nov 2020

Consumers and businesses will be facing shortages over Christmas after major shipping lines halted new bookings from Asia on record global demand and the impacts of ongoing disruption at trans-Tasman ports.With demand for shipping space at all-time highs in some cases, and as much as 25 percent up on the same period last year, congestion has become a major theme at most global ports. That is being exacerbated by rolling industrial action at Australian entry points like Sydney and by loading delays at Ports of Auckland.That has spilled over into...

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