For container lines, it just keeps getting better and better. Demand is hitting new highs with every passing quarter. For besieged cargo shippers struggling with overwhelmed supply chains, it just keeps getting worse and worse. Their question is: When will the COVID-induced demand surge finally peak, allowing shipping services to return to normal?
The answer from Maersk, the world’s largest container line operator, is: Definitely not in the first quarter of this year, maybe in the second quarter — but then again, we’ve never lived through a pandemic before, so maybe even later.
