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The 700,000 containers in total were valued at $2 billion which is only second to vessel fuel in termsof cost. It is evident that having
- The 700,000 containers in total were valued at $2 billion which is only second to vessel fuel in termsof cost.
- It is evident that having empty containers are nothing but wasting of space and resource.
- Reducing this will improve the efficiency of the company in terms of performance and also expenditures.
Ans2.
- PART1
- On performing a Web search with reference to the empty container problem, I could find a few companies facing the same issue.
- In addition to CSAV, Maersk Line and Magellan are the few other companies that are struggling with the empty container issue.
- The big issues with these empty containers are the cost, problem of repositioning the empty containers, and waste of space.
- In addition to this, since the containers are leased from other sources, it is tough to decide on which containers to retain.
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