NZ importers feeling boxed in as port chaos continues

Author
Newstalk ZB,
Publish Date
Fri, 19 Feb 2021, 7:48PM
(Photo / NZ Herald)
(Photo / NZ Herald)

NZ importers feeling boxed in as port chaos continues

Author
Newstalk ZB,
Publish Date
Fri, 19 Feb 2021, 7:48PM

New Zealand importers, already struggling with a shortage of cargo capacity and steep rises in freight rates, are increasingly footing bills for a local glut of empty shipping containers.

Industry players warn that the new costs will flow through to consumers through higher prices for imported goods, and say the problem is so intractable that the government should intervene, the NZ Herald reports

A global snarl of container shipping, the local epicentre of which is Ports of Auckland, has resulted in container depots that are full, and sometimes overflowing with empty containers.

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