Market Situation Logistics: Strong first half of the year for air and ocean freight

According to a survey carried out by the global consulting firm PwC, the first half of the year was very successful in the logistics sector. Air freight and container shipping had a particularly strong first half, and courier and parcel services had also benefited from the upturn in online trade during the crisis. As a result, there were again significantly more global mergers and acquisitions in the first half of 2021 with a total volume of 95,2 billion U.S. dollars (80,8 billion Euros).

While air cargo recorded an all-time high in the first quarter of 2021 and container shipping is turning in record rates, passenger traffic is still well below pre-Corona pandemic levels, reports PwC paper.

As previously, the market situation in air freight is characterized by very high demand and limited capacities - this continues to affect the Asian region in particular. We are still closely monitoring the situation in order to help minimize any potential impact on your cargo. If you have any questions, please talk to your personal contact at any time at the respective branch office.  Did you know that we guarantee secure capacities via blocked space at numerous destinations? Read about it here. and feel free to contact our air freight sales team at any time

For sea-freight, rates remain at a high level. Carriers are focusing on FAK segments and neglecting special arrangements as far as possible. Globally, schedule adherence is at 40 percent. The delay of ship arrivals is still six to seven days worldwide. Our sea-freight department is always at your disposal for any questions concerning your freight. If necessary, you are also welcome to use our warehouse terminal at the Port of Hamburg. According to the Kiel Institute of the World Economy, congestion at ports in China is gradually decreasing. On the other hand, congestion at US ports is building up again. In Chicago, for example, there are currently bottlenecks because rail, truck and logistics companies are struggling with a flood of imports from Asia, as the U.S. news portal Hellenic Shipping News reports with reference to the Wall Street Journal. Sea-freight is also far from normal.

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