Reported about 7 hours ago
Following a temporary pause in reciprocal tariffs, container bookings from China to the U.S. skyrocketed by 377%, indicating a significant surge in demand as shippers rushed to secure space on vessels. Initial data revealed that container bookings jumped from 5,709 TEUs to 21,530 TEUs within days, reflecting the impact of previously stalled trade due to the global trade conflict. Companies like Maersk are now offering incentives to attract shippers, enhancing capacity utilization amid renewed activity.
Source: YAHOO