China and US container traffic will increase after suspension

And in that way, the US is back in China’s import business.

Demand is growing as shippers move vessels heading towards the US. This is one day after the trading partner agreed to suspend mutual tariffs that have been reduced by three volumes in the eastbound oral.

On the seven-day average of container bookings from China to the US, 5,709 21-foot equivalent units were seen on May 5, 5,709, maritime analyst Vizion’s vice president of strategic business development, Ben Tracy, wrote in a LinkedIn post. As of Tuesday, that figure had skyrocketed to 21,530 TEU, up 277%.

“With this temporary suspension now in effect, we’re definitely starting to see reservations coming back,” Tracy said.

in contrast, Sonar The marine TEU volume index of vessels departing from China shows a weekly decline from 711 TEU on May 5 to 562 TEU on May 13.

There was widespread uncertainty around how quickly business will reopen across the supply chain.

Forwarderflexport’s Ryan Petersen in X’s Monday post said booking inquiries with his company increased by 35%.

However, liner operator Maersk (Maersk-B.Co) They provided shippers on Wednesday Deep Discount Regarding spot fees for doorway transport with dozens of US destinations as it appears to fill the capacity available on the ship.

This article was updated on May 15th to add sonar data.

This article was edited on May 14th to correct an increase in Vizion booking rates.

Find more articles by Stuart Chirls here.

Related Coverage:

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