Dear customers,
The global logistics scenario is once again showing clear signs of operational imbalance and pressure on costs on routes originating in Asia, especially to South America.
- The recent bilateral agreement between China and the United States, which reduces the application of additional tariffs on Chinese products for 90 days, has resulted in the immediate release of cargoes previously held up by American importers;
- The market reaction was immediate: large ships were reallocated to serve the China-US route, prioritizing the high volume of North American demand;
- As a result, shipping capacity to South America has been severely reduced.
ONGOING IMPACTS:
- There is already a shortage of space in the bookings for May and the first half of June;
- Significant increase in freight rates (FCL): we have already recorded quotes at USD 4,000/cntr for the second half of June;
- High volatility and an upward trend in the coming weeks, with no guarantee of normalization in the short term.
RECOMMENDATIONS:
- Anticipate orders and schedule shipments urgently;
- Reassess delivery times and the impact of any logistical delays;
- Maintain continuous dialogue with logistics operators and suppliers.
We can consider it the third major logistical shock faced in recent years. Superia is on hand to help with risk management and the redesign of supply strategies.
Sincerely,
Superia Trading Team.
