Logistics - market update Germany

In the follwing we from Quick Cargo Service would like to give you an overview of the current market situation in logistics in particular in logistics in Germany.

Germany is still in a lockdown; due to the federal structure of the country, the regulations vary from region to region. While a certain pandemic fatigue is spreading among the general population - the economy and logistics in particular are relatively unimpressed. According to estimates by the Federal Statistical Office, the German economy will be significantly less affected by the measures taken to contain the pandemic than it was last spring. For example, the manufacturing sector recorded strong growth, driven by foreign demand. The German industrial PMI has already been above the psychologically important XNUMX-point reference line for eight months, above which growth is indicated.

Optimism among exporters is also currently high despite the pandemic situation. The Ifo Institute's export expectations for industry reached their highest level in a more than ten years in March, according to the Munich-based institute. Compared with the previous month, the indicator, which is based on a survey, rose by 13 points to 24,9. This is the highest value since January 2011.

Last month, Frankfurt Airport handled around 180.700 tons of cargo (airfreight plus airmail), the highest volume ever achieved in a February. This tonnage growth is expected to continue, affirms Stephan Haltmayer, managing director of Quick Cargo Service. "However, it is of course noticeable that capacities are getting tighter.For this reason, we have again significantly expanded our consolidation services for the summer schedule! Furthermore, charters are of course still playing a major role at the moment - especially medical material and test kits, which we are also increasingly importing at the present time. Over the Easter holidays, our Dusseldorf branch will fly four full charters to Brazil. Some capacities can still be requested here dus@quick-cargo-service.de“, Haltmayer continues.

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