Boom in container market driven by US consumers

The massive surge in the demand for container freight continues to be driven by US consumers. The global demand is currently no more than three percent, writes Sea-Intelligence.

The massive demand for container freight, which has led to sky-high freight rates, delayed container vessels and bottlenecks at container terminals, is largely driven by US consumers and not a global growth in demand, assesses Sea-Intelligence, which monitors the global container market, in a newsletter.

"The global demand [in the container market, -ed.] is continually weak as it's been through 2021," writes the analyst firm.

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