Trans-Pacific carriers, including those offering premium services, have been unable to fulfill all of their bookings in recent weeks due to the container shortage in Asia.
US agricultural exporters fear that even if they pay higher shipping rates, carriers will still turn down their bookings because liners can generate much higher revenue by using the containers for US imports from Asia.
Capacity remains king in the US truckload market, as larger carriers face challenges hiring company drivers and owner-operators seek independent opportunities.
Shippers are leaning more heavily than usual on their service providers as an uncertain market makes securing space on vessels out of Asia and on-time shipping even more challenging.
Maersk’s integrator strategy is not affecting the carrier’s forwarder customers in a universal way, since the various elements of the transformation impact different sized intermediaries in varying ways.