Customers predict container market normalization in 2022 at the earliest
Several major logistics companies have written off the idea of a normalized container market in 2021 with rates similar to those before the pandemic. According to Jochen Gutschmidt, VP of Advisory Services at Sea-Intelligence, seafreight budgets between Asia and Europa will double this year.
BY SØREN PICO AND TOMAS KRISTIANSEN
Logistics companies and shippers have all but lost hope that the market will be anywhere close to normal this year, as rates continue to soar.
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