SHIPPING CONTAINERS MARKET ANALYSIS

Shipping Containers Market, By Container Size (Small Containers, Large Containers, and High Cube Containers), By Container Type (Dry Storage Containers, Flat Rack Containers, Refrigerated Containers, Special Purpose Containers, and Others), By End-use Industry (Food & Beverages, Consumer Goods, Healthcare, Industrial Products, Vehicle Transport, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

In September 2022, Container xChange introduced Container Control, aiming to alleviate key challenges for freight forwarders and Non-Vessel Owning Common Carriers (NVOCCs) globally. This solution enables near real-time monitoring of containers from pickup to drop-off and provides a clear overview of all releases and containers in use, streamlining logistics operations.
In August 2022, global shipping container suppliers, China International Marine Containers and Maersk Container Industry, jointly announced the abandonment of their merger plan. Citing significant regulatory challenges, the decision was made to not proceed with the merger, which was initially agreed upon in September 2021. The merger would have involved China International Marine Containers acquiring the Denmark-based shipping company, AP Moeller – Maersk, a refrigerated containers maker, for USD 987.3 million, potentially impacting the global cold supply chain.