DHL Ocean Freight Market Update – October 2022
Find out the latest developments of the global ocean freight market in this monthly analysis by DHL Global Forwarding.
- Port congestions easing at Southern California but relocated to Savannah where around 40 container vessels have been waiting to berth for an extended period.
- While labour strikes in the U.S. and Germany have been resolved, ongoing ones in the U.K. could have further impact into peak season.
- Schedule reliability has further improved to 46.2 percent in August to the highest reading in the last 22 months but far from pre-Covid-19 levels.