摘要: |
WITH THE DAWN OF A NEW YEAR, it appears certain that constraints in trans-Pacific air and ocean markets will remain "dislocated" for some time to come. Although some trans-Pacific air passenger service routes have been reinstated, global passenger traffic-and belly space capacity-is unlikely to see pre-pandemic levels for several years. It's also worth noting that with vaccines and pandemic-related materials distribution expected to use air cargo services, there's likely to be even more restricting of air cargo capacity in the 2022. Meanwhile, constraints in trans-Pacific ocean capacity remains severe. Several trans-Pacific ocean carriers have fully deployed capacity, and new ship orderbooks are at multi-decade lows. At the same time, industry consolidation and alliances continue to look for better alignment of capacity to avoid over-tonnage. Still, there remains significant equipment demand and severe West Coast port congestion. |