The rapid increase in the number of high cube (larger than 8.5 ft high and longer than 40 ft) containers is reducing the relevance of the current fleet measurement scheme - the TEU (twenty-foot equivalent unit). As product densities decrease and more manufacturers source and sell their products globally, shippers and steamship lines are searching for ways to gain a competitive advantage. One simple way to accomplish this is to increase shipment sizes by utilizing larger containers. Larger containers can reduce costs for shippers and for the steamship line. The steamship lines and the leasing companies have responded to these new marketplace challenges by adding a large number of high cube 40-ft, 45-ft, 48-ft and 53-ft containers.

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Filing Info

  • Accession Number: 00496579
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Aug 31 1990 12:00AM