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PUBLISHER: Freight News (

Putting the current ocean freight capacity crunch into perspective, Mediterranean Shipping Company CEO Soren Toft told delegates at a Financial Times digital ‘Global Trade Secrets Summit’ that in the second half of 2020, the line had seen the same demand from clients as it would normally receive in a whole year.

He highlighted the surge in US consumer goods imports as a key contributing factor.

Which is why MSC has increased its ocean fleet capacity by 22% since 2019, added 11 new mainline trade services, and expanded its rail offering, in response to a crisis that has propelled logistics to the top of the boardroom agenda in many international companies.

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