Call us toll free 1-833-801-9084
contact@lasvegascrating.com
Latest news: Las Vegas Crating Moves 6 Million dollar art sculpture at Aria
Las Vegas Crating and LogisticsLas Vegas Crating and LogisticsLas Vegas Crating and LogisticsLas Vegas Crating and Logistics
  • Home
    • Specialty Shipping Blog
  • Packing Supplies
  • Packaging
    • Vapor Barrier Bags
    • White Glove Delivery Service
  • Shipping
    • Art Packing Shipping and Storage
    • Electronic Shipping and Moving
  • Crating
    • ISPM 15 HP Heat Treated Wood Shipping Stamp
  • Moving
  • Freight-Shipping
  • Logistics
  • Clients & Partners
  • Gallery
  • Locations
    • Las Vegas Nevada
    • Miami Florida
    • Los Angeles CA
    • San Antonio Texas
  • Contact Us
    • Packing and Shipping Areas of Service

Shipping Container Factory Capacity Full

    Home Specialty Shipping Blog Shipping Container Factory Capacity Full
    NextPrevious
    crate-shipping

    Shipping Container Factory Capacity Full

    By Las Vegas Crating and Logistics | Specialty Shipping Blog | 0 comment | 26 October, 2020 | 1

    Triton Containers Has Massive Demand for Shipping Equipment

    As previously reported by FreightWaves, a very small number of major builders in China manufacture containers. Those producers are reportedly sold out until at least February.

    John O’Callaghan, Triton’s head of global marketing and operations, confirmed on the call that container “factory capacity [is] fully booked” through 2020.

    Sondey said the unexpected spike in demand has prompted China’s box builders to ramp up their output — which had fallen below normal levels pre-coronavirus. “Container manufacturers have started to increase their production by adding hours. Production is getting back to a normal levels,” he explained.

    “Given the fact that our inventory and the market inventory is so low, we have been ordering more than we might typically for next-year production at this point,” he continued. Triton has already placed $350 million of new container orders for 2021 delivery.

    Shipping Crate and Box Prices Rise

    New container prices have risen to $2,500 per cost equivalent unit (CEU), said O’Callaghan. (CEU expresses the value of a container as a multiple of a 20-foot dry cargo unit.)

    Fully booked Q4 2020 factory capacity “helps explain why box prices have increased rapidly over a short amount of time,” O’Callaghan added. Earlier this year, prices were around $1,800/CEU, putting the year-to-date increase at almost 40%.

    Equipment lessors are also securing much higher leasing rates from carrier customers. “For sure, lease rates are up significantly over the last few months,” confirmed Sondey. “That reflects increased new container prices together with the strength of demand and the scarcity value for containers. Market leasing rates for new containers are up well over 50% compared to where they were during the second quarter.”

    At Asia container depots, inventory has collapsed and the pick-up activity has skyrocketed past drop-off activity. These trends are specifically driven by “extreme demand” for 40-foot-high dry cube containers, which are “consumer-oriented, Asia-U.S. primarily and also Asia-Europe,” said Sondey.

    About Triton Containers

    Triton Container Sales (TCS) sells a full line of new and used shipping container products. With a lease fleet of 6.0 million twenty-foot equivalents (“TEU”) of containers, we offer a robust supply of containers for sale around the world in the locations where you need them most.

    We can offer used shipping containers in “AS IS” condition or repaired to a “cargo-worthy” export standard. As many ocean carriers have slightly different standards on “cargo-worthy” acceptance criteria, our Triton Container Sales staff will be happy to refer you to an experienced third party surveyor in the port location of your container purchase.

    For new containers, we can arrange direct delivery to your location from our factories in Asia through carefully managed “one-way” lease agreements with our best in class ocean carrier customer base. One-way leases enable us to defray the cost of shipping empty containers and allow you a more competitive price on your order.

    coronavirus, maritime news, ocean shipping, triton shipping containers

    Las Vegas Crating and Logistics

    More posts by Las Vegas Crating and Logistics

    Related Posts

    • Las Vegas Crating Moves Six Million Dollar Art Sculpture

      By Las Vegas Crating and Logistics | 0 comment

      Las Vegas Crating Moves Famous Henry Moore Art Sculpture From Aria In what is one of the largest undertakings of art sculptures being moved this feat was accomplished by professional and veteran packing, shipping, andRead more

    • port of los angeles night

      California Ports Halted Due To COVID Outbreak

      By Las Vegas Crating and Logistics | 0 comment

      Los Angeles / Long Beach Dockworkers hit Hard with Coronavirus Infection Rates at It’s Ports ILWU Coast Committeeman Frank Ponce De Leon told American Shipper on Thursday, “Longshore workers have been moving cargo nonstop duringRead more

    • stolen-gold-mask-artifact

      International Art Trafficking and Stolen Artifacts

      By Las Vegas Crating and Logistics | 0 comment

      Police and Customs seize over 19,000 stolen pieces of art and artifacts Two huge international police and customs operations targeting the trade in stolen artworks and archaeological artefacts have led to the arrest of 101Read more

    • covid-19-operation-warpspeed-vaccine

      Covid-19 Vaccine Transportation Logistics

      By Las Vegas Crating and Logistics | 0 comment

      Shipping and Transportation of Covid-19 Vaccine in America : Operation Warpspeed The first challenge facing the companies in charge of the transportation of the vaccines is maintaining the vaccine’s temperature. This is not easy. Why?Read more

    • cargo-container-ship-pollution

      New Shipping Pollution Control Standards

      By Las Vegas Crating and Logistics | 0 comment

      U.S. Regulators rolling out new pollution control standards Monday on ships The 329-page Vessel Incidental Discharge National Standards of Performance, issued by the U.S. Environmental Protection Agency, sets a new framework for regulating discharges “incidental toRead more

    NextPrevious

    Recent Posts

    • Las Vegas Crating Moves Six Million Dollar Art Sculpture December 1, 2021
    • California Ports Halted Due To COVID Outbreak January 27, 2021
    • International Art Trafficking and Stolen Artifacts October 29, 2020
    • Covid-19 Vaccine Transportation Logistics October 27, 2020
    • New Shipping Pollution Control Standards October 26, 2020

    Archives

    • December 2021 (1)
    • January 2021 (1)
    • October 2020 (10)
    • August 2020 (1)
    • May 2020 (2)
    • April 2020 (1)
    • August 2019 (1)
    • July 2018 (2)
    • May 2018 (1)
    • April 2018 (2)
    Las Vegas Crating and Logistics
    4610 Polaris Ave.
    Las Vegas , Nevada
    89103
    702 - 748 - 4973
    Opening Hours
    Monday 8:00 am – 5:00 pm
    Tuesday 8:00 am – 5:00 pm
    Wednesday 8:00 am – 5:00 pm
    Thursday 8:00 am – 5:00 pm
    Friday 8:00 am – 5:00 pm
    Saturday Closed
    Sunday Closed

    For After Hours Support and Operations

    Just because our walk in office is closed does not mean we are not on hand. Is it after hours or Saturday or Sunday and you need a quote ? Feel free to call and leave a message or set up a special appointment as we will be able to assist you

    contact@lasvegascrating.com

    Locations

    Las Vegas – Nevada

    Miami – Florida

    San Antonio – Texas

    Los Angeles – California

    BBB Accreditation

    lv-crating-bbb-logoBBB Accreditation Information

    Copyright 2020 Las Vegas Crating and Logistics | All Rights Reserved | Sitemap
    • Art Packing Shipping and Storage
    • Cart
    • Checkout
    • Clients & Partners
    • Contact Us
    • Crating
    • Electronic Shipping and Moving
    • Free Quote
    • Freight-Shipping
    • Gallery
    • Home
    • ISPM 15 HP Heat Treated Wood Shipping Stamp
    • Las Vegas Nevada
    • Las Vegas Raiders
    • Locations
    • Logistics
    • Los Angeles CA
    • Miami Florida
    • moving
    • My account
    • Packaging
    • Packing and Shipping Areas of Service
    • Packing Supplies
    • Ricks Restoration
    • San Antonio Texas
    • Shipping
    • Shop
    • Sitemap
    • Vapor Barrier Bags
    • White Glove Delivery Service
    Las Vegas Crating and Logistics