DHL Global Forwarding
The forwarding arm of DHL said that some of its “high-tech” clients are making moves to stay ahead of the market.
“In the U.S., DHL Global Forwarding recently met with all of its preferred carriers and most are expecting a very robust peak season,” said Steve Sheets, head of airfreight for DHL Global Forwarding. “As tariff increases on certain goods are looming, we have seen several large, high-tech shippers increase their shipping to beat these deadlines. This could have an effect on the peak season as inventory levels will be relatively high.”
Sheets continued that this move by shippers could cause an artificial peak in demand. “There continues to be available capacity from North America, and we feel the carriers pushing large rate increases have overestimated the market,” he said. “We will keep a close eye on this. Overall, the global market is strong and easing trade tensions will support further growth.”