London - Drewry expects 2024 to be the second highest year on record for dry freight container manufacturing, driven by the all-time high quarterly production in 2Q24, followed by July’s output of dry freight and reefer containers exceeding 850,000 teu from factories in China. Manufacturers are reporting full orderbooks until mid-October.

The provision for containers in numbers and at locations where they are required has become a challenge because of the strong exports from Asia, congestion at large container transhipment hubs and declining container productivity due to the extended voyage caused by . . .