Congestion at Mediterranean and Asian ports is impacting vessel schedule reliability, which reduces capacity and with no end in sight for the Red Sea crisis it is likely that congestion and delays will persist through the summer.
Peak season challenges
The availability of container equipment in Asia is increasingly tight as demand grows on the major east-west and transpacific trades, with rising rates and Red Sea disruption surcharges.
Sourcing strategies shift but China still ascendant
Geopolitical uncertainty, trade protectionism, COVID and the Red Sea crisis have all put pressure on global supply chains and while some may consider moving supply sources, minimising risk and ensuring security of supply is not easy.
