Utilizing data from Container Trade Statistics (CTS) on the movement of full containers between regions, Sea-Intelligence estimated the corresponding trends in empty container movements.
Empty container volumes, when compared to 2019 levels to mitigate the effects of pandemic-related volatility, have consistently stayed around a 20% increase in the past few months.
While assessing volume simply in TEU terms provides a reasonable indication of market behaviour, considering that operational costs associated with empty movements primarily relate to port handling expenses, it can be argued that TEU*Miles offers a more comprehensive measure, especially since it is considered the optimal measure for full containers.
