Understanding The 2019 Ocean Freight Market Through The Lens Of 2018

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Understanding the 2019 ocean freight market through the lens Of 2018 paid flexport

It seems that 2018 is casting its shadow on 2019 with all its carryover angst. Despite some forward movement, we are still seeing a certain degree of volatility. And with that, unpredictability – further underscoring the need for partnerships and infrastructure that can cast a little more certainty onto the picture.As we look at what it will take for smoother sailing in the current year, it’s helpful to take a look at what has been happening in past months.

As carriers scrambled to keep up with demand, they added extra loaders to complement the existing scheduled sailings. Soon enough, though, Asia started experiencing a shortage of the containers and chassis needed to move goods from the point of origin. And, while equipment was in scarce supply there, serious congestion started happening on the destination side.

There’s a lot to beware of in the new contract season. The best way to navigate through this process? Arm yourself with the right knowledge. Below are four steps businesses can take to position themselves for the coming months.

 

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