News / Warning to shippers: expect high freight rates and disruption to last a while

Tim Scharwath,

Shippers should expect higher freight rates, long-term – and also not expect much easing in the market until Chinese New Year 2022 and ‘normality’ in 2023.

The warning comes from Tim Scharwath, CEO of DHL Global Forwarding, in an exclusive interview on The Loadstar Podcast this month.

Mr Scharwath, himself facing a long wait for kitchen appliances, said that while there had been additional disruptions, the majority of pressure was Covid-related.

“I don’t believe we will see the disruption go away this year, ...