August 2nd

Raise the profit forecast for 2022. It has been previously predicted that the revenue in the second quarter will exceed expectations. The main factor is the global supply chain congestion, which pushes up the freight profit. The global supply chain congestion leads to the rising freight rate, and the bottleneck related to China's ports and epidemic situation leads to the soaring freight rate. The shipping industry has achieved record profits in recent quarters. Maersk's EBIT doubled to $8.9 billion in the second quarter, and in 2022, EBIT reached $31 billion. Exceeded expectations.

August 3rd

It is predicted that global container demand will slow down this year due to weakening consumer confidence and supply chain congestion. Maersk, one of the world's largest carriers, which is a barometer of global trade and accounts for 17% of the market share, said that since the container demand decreased by 7.4% in the second quarter of this year, it adjusted the outlook of container business throughout the year. Maersk currently predicts that the container gambling in 2022 will be in a low-grade range of -1% to 1%, which will be affected by inflation and rising energy prices, making the global economic outlook even more bleak.

Maersk pointed out that the signs of business slowdown in Europe are particularly obvious. With the weakening of consumer demand, the inventory of ports and warehouses has been piling up, and the Russian-Ukrainian conflict and the mainland epidemic risk control will only aggravate this congestion problem.

The focus of the above two statements: this year's profit will hit a new peak; Lower consumption and container demand; The supply chain is not smooth, and the port congestion continues. From these key analyses, container liner companies have little chance of price reduction, and they have great confidence in maintaining the market freight rate level. Therefore, the freight forwarding company will face the embarrassing situation that the prepaid expenses continue to be high, but the profits drop sharply. Although it's not winter, it will also feel the coolness of autumn wind. Logistics people should do it and cherish it.