Following we of Quick Cargo Service would like to give you also at the end of May an overview of the current market situation in the logistics especially in the logistics in Germany. In Germany, the so-called "Bundesnotbremse" applies, which regulates, depending on the incidence, the organization of the public life in Germany. In general, the incidence is currently falling in Germany (Germany-wide as of 26.05.21/50/25.05.21 just below 40) and vaccinations are progressing (as of XNUMX/XNUMX/XNUMX, XNUMX% of people in Germany received at least one vaccine dose). We at Quick Cargo are confident that we are on the way to a "normal life" in Germany.
Shortage of goods in Germany
The Kiel Institute for the World Economy is forecasting stagnation in imports and exports for the first time in months. There are signs of a break in the upward trend in trade flows, which has been ongoing for several months. The IFO Institute reports that industrial activity continues to lose dynamism. This is primarily due to "increasing interruptions in production as a result of longer delivery times.
Scarce cargo space in sea freight and air freight
The market situation in ocean freight remains challenging. On the routes between Europe and China, capacity utilization remains very high in both directions. In view of the current global shipping movements, the situation in the supply chains is not expected to ease any time soon. Added to this is the shortage of empty containers. Contact us in time for your sea freight inquiry!
Highest freight volume since 1990
IATA reported a record level of global freight volumes for March 2021 since record-keeping began in 1990, reaching 24 billion freight ton kilometers. The German Airports Association (ADV) also reported an upward trend in air freight. Although "only" 2020 million metric tons of freight were handled in Germany in 4,6 (a decline of 4,6 percent from the previous year), according to the association there has been a positive turnaround in air freight volumes, which has even led to sustained growth. This can be seen in the latest air cargo traffic figures. For April, ADV reported an increase of 36,6 percent to 458.553 tons (an+ab) (compared to 2019, an increase of 16,5 percent). Loadings were up 39,5 percent to 235.036 tons (up 2019 percent from 19,0), it said. Unloads would have increased 33,6 percent to 223.517 tons (compared to 2019, an increase of 14,0 percent). The still-reduced passenger flights and resulting reduced belly capacity continue to create cargo space shortages and increased rates. About 50 percent of air cargo is typically loaded as belly freight. IATA is forecasting a global increase in cargo sales of 8,6 percent this year compared to last year.