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April 10, 2008
Shipping Container Shortage in the United States -- What Gives?
Just a few years ago, container ships returned to China with much of their capacity unfilled. This situation has apparently changed.
Does a shortage of containers used to export product from the US imply a notable change in the balance of trade, as this article posits? or, is it simply that, as the article states:
Many shipping lines, including Maersk, have shifted container capacity away from the U.S., just when U.S. producers need them most.
I'm not sure I understand exactly what's happening. Are we genuinely seeing a reduction in total imports, in the rate of growth in imports or some other phenomenon?
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