Maersk Market Update Shows “Uneven” Conditions

Maersk, the world's second-largest container shipping company, reported an uneven distribution of conditions in the latest North America Market Update, published on November 6. The extended import peak season is starting to subside, yet transportation networks are grappling with localized capacity constraints, increased operating expenses, and weather-related interruptions.

November marks a shift in focus for North American supply chains, according to Maersk. The company cited Drewry's October assessment, which suggests a more balanced global container market, though disparities persist across individual lanes. Factors such as congestion, fuel prices, equipment availability, and local transportation conditions continue to impact the flow of goods through inland networks.

Moreover, the trade and regulatory landscape in the region is evolving, necessitating specific priorities for shippers. In the United States, precise importer records are crucial. Canada is reviewing potential surtax relief, while Mexico prepares for alterations to its Customs Law. Meanwhile, global air freight demand, excluding low-value items, expanded by roughly 9-11% year-over-year, outpacing the 20% rise in North American imports during July and August, as reported by the carrier.

AI-related cargo emerged as the primary driver of this surge, yet demand for non-AI goods remained robust, based on the most recent Q3 data. Notably, AI-related goods constitute nearly 30% of all U.S. air import volumes by weight, a significant increase from around 19% at the beginning of 2025.