Leaders at multi-item grocery and utility shipping companies have predicted that despite the uncertainties ahead, future demand for the grocery shipping market will remain very strong. Many major changes have taken place in the 10-piece grocery shipping logistics industry, and the market has not returned to its pre-epidemic state.
The current market demand has almost reached a record level, the grocery and engineering project logistics shipping logistics companies are enjoying high levels of profits, but the cargo ship shift rate has been deteriorating, which makes shippers, carriers and freight forwarder companies are very suffering.
In addition to rising freight rates and falling quasi-shift rates, grocery shippers also have to struggle to find warehouse space and equipment, and be hit hard by soaring retention and demurrage costs. ——a cost that can often be ignored in pre-COVID-19 markets.
'No one can predict the shock, and what we are doing right now is a stress response.'
"The good news is that it is precisely because these problems create strong cargo volumes and healthy transport demand, but efforts to maintain profit margins are complicated by the scarcity of capacity and rising costs. Warehouse space is also extremely scarce, truck drivers and equipment are hard to find, and penalties for transportation delays are escalating dramatically.
