26 Jan Market Outlook: Shipping Container Crunch Shows Signs of Easing, Demand Remains High
Shipping Container Crunch Shows Signs of Easing, Index Shows
Hapag-Lloyd believes that container demand will remain high for the next six months
Hapag-Lloyd believes that container demand will remain high for the next six months Container: Uffe Østergaard, president of Hapag-Lloyd America, describes 2020 in the container industry as hectic, surprising and challenging. He expects the demand will remain high for another half year.
Supply-Demand Imbalance Continues to Vex Air Cargo Shippers
The new year is off to a hot start for the air cargo market with no sign of cooling off. International transport activity typically softens following the holiday peak season, but demand and rates remain elevated because of unusual shipping patterns and a severe shortage of airlift triggered by the coronavirus pandemic.