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Anticipation of higher tariffs may lead importers to pull forward shipments, creating a preemptive freight frenzy.

"Now is not the time for carriers to refuse to negotiate a fair wage for workers while raking in record profits."

Demand for ocean freight out of Asia picked up early in May, reflecting possible start of restocking in Europe

About 48% expect to increase shipments in weeks ahead of Lunar New Year, suggesting re-stocking has already begun

U.S. Navy shot down one drone, one anti-ship missile on Dec 28; MSC, Hapag continue to divert ships

~920,000 TEUs have diverted south of Africa & another ~1,002,000 are delayed in Suez area: Anders Schulze, Flexport

While restrictions could impact Christmas stocks, shippers diverting containers via Suez have been minimal

Is Covid really affecting the global supply chain? The answer is yes but differ in how each country responds to the pandemic.