Ports will remain a bottleneck in the supply chain, with capacity and reliability only likely to stabilize later in this year or next.
Demand remains strong amidst limited capacity, with freight rates looking to stabilize much later in 2024.
Despite continuing risks, there are some positive signs for ocean shipping stakeholders.
Find out the latest developments of the global ocean freight market in this monthly analysis by DHL Global Forwarding.
Global recovery is starting, despite China’s power cuts and zero Covid strategy having an impact.
Find out the latest developments of the global ocean freight market in this monthly analysis by DHL Global Forwarding.
Key points include adopting sustainable business models, leveraging technology, and having a global mindset.
Businesses must also plan production schedule ahead of time to adapt to the new normal.
Find out the latest developments of the global ocean freight market in this monthly analysis by DHL Global Forwarding.
The pressure is on for ocean freight in the coming months as companies are shipping earlier to avoid delays ahead of the year-end holiday shopping season.