Does recession spell the end of the box repair business?


Container depots are enjoying a welcome upswing in storage revenues as thousands of boxes are taken out of service. But customer pressure to reduce rates, as well as repair holds, restrictions on credit and a softening second-hand sales market, present challenges to depot operators and are causing a shift in business strategy. The depot industry is likely to look a lot different when it emerges from the current recession and global financial crisis.

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