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DSV chief executive on the quality of service in the container industry: "Worse than ever"

Supply chain congestion will most likely continue through the rest of 2021, assesses DSV Panalpina CEO Jens Bjørn Andersen. The service level is worse than ever and rates are at an all-time high. "An unbelievably bad combination," he tells ShippingWatch.

Ships waiting in line off the US West Coast earlier in April. | Photo: Lucy Nicholson/Reuters/Ritzau Scanpix

Bottlenecks and significant delays in supply chains are most likely themes that will continue throughout the rest of 2021, assesses DSV Panalpina CEO Jens Bjørn Andersen.

The container market has been overheated for several months now, with large demand and high rates for container freight, which has sent earnings soaring for carriers but also created large bottlenecks and congestion in ports.

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