Federal Maritime Commission Chairman Dan Maffei says shipping container problems were COVID triggered as the amount of demand for imported consumer goods rose. He tells Brownfield, “Frankly, it went up to such an extent that it has crowded out some other important imports, but it’s also even crowded out exports.”
Maffei tells Brownfield the shortage of containers is not as bad now, but problems with logistics remain including early return dates for ships and more. “The truth is it’s not a port issue, it’s like a sink that gets clogged.
