Global goods trade buffeted for three months by supply disruptions faces a possible demand jolt that keeps boosting seaborne freight costs before the usual restocking race in the third quarter.
“Early peak season is possible as shippers pull orders forward amid geopolitical and fuel-access concerns,” SEKO Logistics said in an advisory this week. “Space is critically tight out of China and Southeast Asia, with most vessels fully booked into late June.”
The Iran war, the blocked Strait of Hormuz and lingering safety concerns around the Red Sea tightened container shipping capacity during what’s usually a seasonal lull in demand.
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