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Used Container Shortages Expected Throughout The Midwest This November

Market Update 

As the leading provider of decommissioned containers in North America, forecasting, preparing for, and communicating container shortages is our business. Our focus and commitment as an online provider is that our customers will never be left in the dark. We are transparent with our pricing and the industry news as it unfolds.  
 
Please note if your business requires used shipping containers in the next 4-5 weeks specifically from Midwest inland depots, an inventory reduction is expected to last through November – a trickle-down effect from the port strike and the organic migration of shipping containers this time of year. 

As the Midwest exports more goods (grains, treenuts, livestock, fruits and vegetables), the containers organically move from inland to coastal depots and ports to support this supply chain. This flow pulls used containers from midland depots to coastal US area, thus reducing inventory. Along with the port strike earlier in the year, inventory throughout November will be reduced in the Midwest.
 
#### The Following Midwest Markets Should Be On Alert That Inventory Is Limited:
 
**- Chicago, Cleveland, Columbus, Cincinnati, Detroit, Indianapolis,  St. Louis, Kansas City, Minneapolis, Louisville**
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Recent trends confirm a shortage of used shipping containers, making this the ideal time to secure a container if your business needs one this fall or winter.  Here’s a look at what’s driving the potential shortage, why it matters to businesses, and what steps you should take to secure a container before demand outpaces supply. 
 
#### Factors Contributing To The Tightening Midwest Market For Used Shipping Containers:
  
- Prior to the October port strike, shipping lines and leasing companies have been evacuating containers from the Midwest to avoid they would get stuck in case the strike would have lasted a long time
- The port strike itself disrupted supply chains that led to effects that take multiple weeks to dissolve
- Increased export levels of mainly agricultural nature decrease the amount of sales containers that could become available
- While there is at the same time a less than expected level of imports that also lead to a decrease of sales containers becoming available
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While price increases in the Midwest remain limited so far, we’re sharing this market information with you to make sure you have the opportunity to order containers in time while there is still stock available. If you need containers for critical business processes, we recommend you order in time.
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#### The Impact of a Container Shortage on Midwest Businesses:
A shortage could lead to operational setbacks if your business relies on used containers for storage, workspace, or any other purpose. Here are some ways a container shortage could affect Midwest businesses: 
 
- Increased Costs 
- Delays in availability  
- Delivery Delays
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#### Why Now Is the Time To Order A Shipping Container:
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For Midwest businesses that need a shipping container, please note inventory will be an issue. Now is the time to act. Here’s why early action can help you avoid the pitfalls of the impending shortage: 
 
- Get Ahead of Price Hikes 
- Ensure Availability of Inventory**
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#### If you are ready to buy a 20ft, 40ft, or 40ft HC Shipping Container today,  please [order online now.](https://www.eveoncontainers.com/en-US/20-foot-shipping-container)
 
 

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