The container market won't normalize materially until far into 2022, says FMC chair
Even if demand for container transport normalizes to some extent over the course of 2022, it will take months before carriers are able to say the same, FMC Chair Daniel B. Maffei tells ShippingWatch.
A little more than a year after the Covid-19 pandemic triggered an unprecedented development in the container market, the demand for goods from Asia has only continued to rise, while inventories of many businesses across the US and Europe stand empty just as they have for months on end.
Already a subscriber?Log in here
Read the whole article
Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
With your free trial you get:
Get full access for you and your coworkers
Start a free company trial todayRelated articles
Maersk CEO sees no risk of intervention in container market
For subscribers
FMC launches audit unit to examine container market
For subscribers
