Online Resource Aims to Aid Container Buy and Sell Decisions
26th November 2019
A new online resource aims to help industry stakeholders to make better informed decisions in the container market.
Forecasting the availability of containers in order to make buy, sell or repositioning decisions is difficult, but the Container Availability Index aims to make the process much easier. The index takes more than 2 million data points (tracking and transactions data) into consideration to forecast the availability of containers in 10+ locations for up to 3 weeks.
The CAx forecasts the availability of containers in five Asian ports, five European ports and in the port of Durban, South Africa – three weeks in advance. It covers weekly availabilities, year-on-year availabilities and the delta between two port pairs.
The idea is that container users and owners employ the data to make better decisions about container repositioning as well as the buying and selling of their equipment.