This year’s Christmas peak season has swept the logistics industry
Although from a consumer perspective, Christmas or promotional events such as Black Friday in November are still a long way off, the TSL industry is already starting to feel the Christmas rush. The most dynamic situation is sea freight. This year, the importance lies not only in the distance to the production market, but also in the resilience of the supply chain. Compared to the peak shipping period we are used to, we see a shift of about two weeks. What's more, some companies started shipping Christmas goods as early as June. The reason is the blockage of the Suez Canal. Ships detoured around Africa, extending shipping time by 10-14 days. Christmas or promotional goods, including electronics, textiles, decorations and toys, mainly come from China, which is the EU's largest import partner after the UK and the US. According to Eurostat, China accounted for 20.5% of EU merchandise imports in 2023. Also read: Road freight prices unexpectedly rise on Christmas…
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