MAERSK expects global container market volume rising as much as seven per cent in 2025, bolstered by strong demand from the United States where a potential port strike and tariffs on foreign-made goods loom, Reuters reports.
"We predict anywhere between five and seven [growth] overall," said Charles van der Steene, regional president for North America at Maersk. "And at this stage, there's nothing that would indicate that it could not be the case."
Speaking on the sidelines of the Reuters NEXT conference, Mr van der Steene said Houthi attacks on vessels in the Red Sea and "resilient" demand from US companies will continue to spur consumption of containers, he said. The United States is Maersk's largest market by sales.
In October, Maersk raised its full-year profit forecast and updated its outlook for 2024 container volume. Among its customers are Walmart, Target, Asos and Nike.
The National Retail Federation said inbound cargo traffic would notch records in November and December, due to the prospect of a dockworker strike on US east coast ports in January and tariff increases planned by President-elect Donald Trump.
https://www.shippingazette.com/news?news_id=9241200000510
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