Port disruptions might end with potential conclusion of negotiations between ports, carriers, and unions.
Demand growth, however, could trigger market improvement in second half of the year.
Supply chain disruptions could still happen with expected factory closures in China and ongoing port congestions.
Challenges faced by shippers are set to persist at least for the first half of 2023.
A shift in consumer spend from products to services is putting pressure on the balance between capacity and demand.
The balance between supply and demand will be the key to rates stability in the months to come.
Find out the latest developments of the global ocean freight market in this monthly analysis by DHL Global Forwarding.
Trade is growing at a sluggish pace as cargo movers across international borders continue to fight fires.
Despite softened rates from a Q2 slowdown, uncertainties loom heavily.
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