Container Shipping Crunch Shows Signs of Easing

Feb.09 — It’s a crucial part of the global economy but the container shipping industry is under pressure. There are bottlenecks at major ports, containers are in short-supply and freight prices have soared. While there are signs the container crunch may be easing, there’s still concern about its impact on the world’s post-pandemic recovery. Part of this story is Asia’s trade-lead recovery where exports are pushing up container demand. Bloomberg’s Haslinda Amin reports.