“Maritime bookings for twenty-foot equivalent units for U.S. imports, is set to hit an all-time high this week” (Strickland). This is just one of many signals of an anticipated extremely active summer. This demand is on top of the container shortage earlier this year that caused many to use air as a substitute for ocean freight. When the Ever Given container ship blocked the Suez Canal last month, delays ran ramped further increasing the demand and lowering the supply of the containers. “There is already enough freight to keep carriers busy… with more freight on the way, this summer may be the hottest (market) on record” (Strickland). Click the link to learn more: https://www.freightwaves.com/news/this-could-be-the-hottest-summer-ever-for-freight

Works Cited

Strickland, Zach. “This Could Be the Hottest Summer Ever – for Freight.” FreightWaves, 9 Apr. 2021, www.freightwaves.com/news/this-could-be-the-hottest-summer-ever-for-freight.