February Market Update
Our monthly market report provides international freight, carrier and rate insights, to provide supply chain forecasts for the weeks ahead.
In February we review the sea freight market in the lead up to the 2022 Lunar New Year holidays, the impact of the Omicron outbreak in China and the immediate outlook for this critical mode.
Demand for air freight continues to grow, amid the continuing congested ocean market and capacity remains tight. But how long are volatile conditions likely to continue and will they lead to higher prices and longer transit times?
Asia to Europe rail congestion increased again in the lead up to the CNY Holidays, but is this mode a viable proposition, or on eco be avoided.
