DHL Ocean Freight Market Update – February 2022
Find out the latest developments of the global ocean freight market in this monthly analysis by DHL Global Forwarding.
- At the start of this year, 22 percent of the total container fleet was deployed between Asia and North America, up from 17.5 percent on 1 January 2021.
- Intra-Asian trade was the worst hit with some 331,200 TEU slots removed from intra-Asian services representing a capacity reduction of 10.8 percent.
- Early factory closure as early as 23 Jan from China and Lunar New Year holidays till mid February will lead to lower overall cargo demand, resulting in more blank sailings to be planned in February.