News / Patchy market sees rates steady, but you can't 'see round corners'

Brian Bourke, chief growth officer, Seko Logistics

To predict future freight rates, you need to be able to “see around corners”, according to Seko Logistics.

Issues that could impact rates in a number of key regions include Ukraine, potential labour unrest in the US and Europe and ongoing bottlenecks slowing supply chains, according to COO Steen Christensen, who joined the firm in June.

“Rates won’t go back to the $20,000 levels we have seen, but will be double or triple the pre-pandemic levels,” he said.

But he admitted that, with ...