· Assessing the extradentary ocean industry outlook for the Trans-Pacific market has become increasingly harder in 2022. Unknown and even unforeseen factors are plaguing the supply chain industry including new and extended COVID-19 lockdowns, inflation, inventory demands, congestion and even war are having huge impacts.
· With these factors in mind market analysts S&P Global are predicting it may be a few years before there is a true stabilization back to pre-pandemic balance. In this analysis a continued elevated containerized import volume would see growing areas of concern already creating slowdowns in import cargo. These problem areas in turn becoming larger slowdown points for much needed import containers. Impacted problem areas already plaguing the market and likely to worsen with increased container imports include port flow pressure or congestion, chassis shortages, as well as ongoing pressure for trucking capacity and at distribution centers.
· There has also been a new market theory taking shape that US consumers may lessen their spending due to ongoing inflation concerns after Russia invaded Ukraine. If this speculation does in fact occur, we may see a stabilization much sooner than prior expected.
Friday April 15, 2022
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