Maersk Market Update Shows “Uneven” Conditions

Maersk, a leading integrated logistics provider, has reported that the peak import season is easing, despite ongoing challenges in transportation networks. In its November 6 market update, Maersk highlighted localized capacity constraints, increased operating costs, and weather-related disruptions affecting global shipping. The company noted that November will bring a shift in priorities for North American supply chains.

According to Drewry's October assessment, the global container market is becoming more balanced, though conditions still vary across individual lanes. Maersk emphasized that congestion, fuel prices, equipment availability, and local transportation conditions continue to impact the movement of goods through inland networks.

Moreover, the region's trade and regulatory environment is evolving, necessitating specific priorities for shippers. Shipments to the United States require accurate importer records, while Canada is reviewing potential surtax relief and Mexico is preparing for changes to its Customs Law.

Despite the challenges, Maersk reported a significant increase in global air freight demand, excluding low-value goods, which grew by approximately 9-11% year over year. North American imports also saw a notable rise of around 20% in July and August. Artificial intelligence-related cargo emerged as the leading driver of this growth, accounting for nearly 30% of all U.S. air import volumes by weight.

This figure marked a substantial increase from approximately 19% at the beginning of 2025. However, demand for non-AI goods remained robust as well, based on the latest Q3 data.