Logistics market situation: Strong first half of the year for air and sea freight

According to a survey by the global consulting firm PwC, the first half of the year was very successful in logistics. Air freight and container shipping had a particularly strong first half of the year, and courier and parcel services also benefited from increasing online trade during the crisis. As a result, there were significantly more mergers and acquisitions globally in the first half of 2021 with a total volume of 95.2 billion US dollars (80.8 billion euros).

While air freight recorded an all-time high in the first quarter of 2021 and container shipping is achieving record rates, passenger traffic is still well below the level before the corona pandemic, reports the PwC paper. Quick Cargo Service was also able to benefit from this trend.

The market situation in air freight is still characterized by very high demand and limited capacities – this continues to particularly affect the Asian region. We continue to monitor the situation closely to mitigate events that could potentially impact your cargo. If you have any questions, please speak to your personal contact person at the respective ward at any time. Did you know that we guarantee secured capacity at numerous destinations via Blocked Space? Read the following article and feel free to contact our air freight sales team at any time

For sea freight, rates remain at a high level. The carriers concentrate on FAK segments and neglect special agreements as far as possible. Global schedule reliability is 40 percent. The delay in ship arrivals worldwide is still six to seven days. Our sea freight department is available to assist you at any time with any questions you may have regarding your freight. If necessary, you can also use our warehouse terminal at the port of Hamburg. According to the Kiel Institute for the World Economy, congestion at ports in China is gradually decreasing. In return, traffic jams in front of US ports built up again. There are currently bottlenecks in Chicago as rail, truck and logistics companies are struggling with a flood of imports from Asia, as the US news portal Hellenic Shipping News reports with reference to the Wall Street Journal. Sea freight is also a long way from normal operations.