Following the heavy Peak Season months in Asia Outbound Trades and the gradual return to production, the ocean freight market, in particular ex Europe, experiences a very strong demand of export volumes which is exceeding the supply.
Furthermore, there is a severe Equipment shortage in Europe. In addition, the average European outbound schedule reliability is below 35% which decreases the supply of capacity.
The demand is by far exceeding the equipment and space supply.
The Suez Canal Situation during CW12 is part of an increasing lack of empty equipment in Europe.
The rate adjustments and rate levels are climbing higher as the existing peak continues. Our key focus remains to manage your supply chain proactively.
SchenkerOcean, Inc wishes to advise our valued customers of changes regarding Peak Season & Equipment Imbalance Surcharge as follows with effective date May 1st, 2021 until further notice.