Looming shortfall of reefer containers

2 Oct 2017

Carriers fear they will soon be facing a serious shortage of reefer containers. 20 foot reefers are already spread particularly thin, but 40 foot reefers are also becoming increasingly scarce. This deficit will not only effect the booking situation, but will also cause rates to increase.

Insufficient funding

Financially, the past few years have been difficult for most carriers, many of them not yet back in the black, causing them to not invest in much needed new equipment. This, together with the relatively short lifespan of a reefer container, is now causing issues. The industry saw a 43% drop in orders for reefer equipment in 2016, even though the demand for transport of perishables is on the rise.

Book your reefers with Embassy Freight

We would like to recommend you place your (reefer) bookings far ahead of time, or wherever possible, advise us of your schedule. We will always try to get you the earliest possible sailing, for the best rate.