DHL Ocean Freight Market Update – May 2022
Find out the latest developments of the global ocean freight market in this monthly analysis by DHL Global Forwarding.
- Carriers have shifted more ships from Asia to US East Coast services, growing by 28.1 percent over the last year.
- The current Covid-19 outbreak in China and related restrictions will soften the demand between Asia Pacific and Europe, but major rebound expected.
- Global schedule has recorded a marginal month-on-month improvement, recorded at 35.9 percent. It is still slightly below the respective 2021 score by -4.4 percent.