Freight Demand to continue into 2022

Shipping demand will continue into 2022 according to Maersk CEO.

“On the current congestion at ports, Skou said: “Globally, the industry has around 300 ships waiting outside various ports – mostly Los Angeles, around 80 ships, but we also have congestion in the UK, at Felixstowe, in China and a number of other locations – which is really driven not by lack of shipping capacity but by labour in the ports, and in particular, in the US and UK, by a lack of truckers to pull containers away from the port. So, the ports are being clogged up, and we cannot discharge as many containers as we would like, as fast as we would like.”

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