Important changes are expected in the container and chassis leasing industry in 2016.
As we begin the new year, the world economy is experiencing an ebb tide with the UNECE projecting a reduced growth level of 3.3 percent. Global container manufacturing in 2016 is expected to improve over the 2.8 million 20-foot-equivalent units projected for 2015, but it may not reach the original forecast of 3.5 million TEUs because of the recent economic slowdowns.
The convergence of static/reduced cargo volumes, ever increasing ship sizes and evolving business models may continue to stress supply chains in several major U.S. container ports and trade corridors.
Industry partners, working together within the supply chains, have the best opportunity to meet the business requirements of cargo interests by offering effective service levels while controlling costs, maintaining safe operating conditions and expeditiously addressing new opportunities as they re-emerge.