High demand is pushing container lines to order new vessels though it is not expected to ease delays or lower rates in the short term.
Despite the lack of bellyhold capacity, demand for air freight remains strong as ocean freight struggles with persistent reliability and capacity issues.
Disruptions in container shipping and the shrinking cost differential between air and ocean are contributing to a strong, positive air freight outlook.
With manufacturing growth robust amid the recovery of the global economy, ocean freight demand and rates have shown no signs of easing.
Find out the latest developments of the global ocean freight market in this monthly analysis by DHL Global Forwarding.
In an extraordinary year for container shipping, uncertainty is the only constant, as the fourth quarter looms.
Shipping lines have maintained high freight rates by controlling capacity as demand recovers with countries reopening.
The container shipping market grapples with the fallout from the Covid-19 pandemic and a looming global recession.
Fuel surcharges are back in the spotlight as container lines shore up spot freight rates to minimize financial losses from the pandemic.
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