Container shipping 2021 - looking back and forward
Increased demand for goods pushed up freight rates in 2021, and the effect has not really stopped,says Judah Levine, Head of Research, Freightos, in a video update.
A related question - Amazon, Alibaba, Otto, Tencent, John Lewis, and Zalando (amongst others) report record shipments and profits, So, is Covid really affecting the global supply chain?
The question was raised by Patrik Berglund, CEO and Co-Founder, Xeneta, in the concluding part of their two-part series on Takeaways from a Staggering Year in Container Shipping: Part 2.
"The answer is 'yes' but differ in how each country responds to the pandemic, far more aggressive in China and Asia than the United States, UK, and the EU. Once the Covid threat was known globally in early 2020, the Chinese government adopted a 'No Covid" policy that included military-enforced lockdowns, quarantines, and mass testing of towns, cities, and entire regions, regardless of their importance to the national economy.
