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Shortages in refrigerated (reefer) containers = fewer SKUs at the grocery store
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"A lot of places in the world at the moment lack Reefer equipment. Additionally,
Dry Container rates keep increasing to levels above Reefer Containers.
As a result, shipping lines allocate space rather to Dry instead of Reefer Containers. This causes that expensive Reefer equipment sometimes is stuck for more than
6 months in Asia even though there is more than enough Reefer cargo to ship.

Now rates keep increasing also for Reefers; more than 50% in Q3-Q4 YoY.
So how can Chinese Ginger be sold in Europe if transportation costs are same as the product selling price? It’s a bizarre situation!

We will see this continuing in 2022 and potentially in 2023; i.e. less products in the supermarkets and mainly larger shippers with strong financial background being able to ship! Freezing Times ahead."

https://www.dhl.com/content/dam/dhl/global/dhl-global-forwarding/documents/pdf/dhl-dgf-ofr-reefer-market-update.pdf

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2 years ago