Container rates are unlikely to normalize for another 2.5 years

If past fluctuations in freight rates are anything to go by when looking at the current sky-high level, it could take close to 30 months before the rates start to lose momentum, writes Sea-Intelligence in a new analysis.

Photo: PR / CMA CGM

Despite signs that container rates have peaked for now, it might very well take between 18 and 30 months before the market starts to lose momentum after this period of bottlenecks and record-high rates.

Analyst firm Sea-Intelligence has carried out an analysis and compared the current market with the ups and downs in the container market over the past 23 years.

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