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DSV Panalpina predicts "new normal" for container market by next spring

The high-strung container market will last until the second quarter of 2022, at which point a "new normal" will set in, reports DSV Panalpina. By then, rates will remain at a higher level compared to 2019.

Photo: DSV Panalpina

Logistics major DSV Panalpina expects that a "new normal" on the strained freight market will set in by the second quarter of 2022.

Lately, observers have noted that the capacity shortage might extend into 2022, not least due to the recent situation in South China where a partial shutdown of the critical port in Yantian have led to disruptions of the supply chains.

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