China’s Sea Cargo Flow Starts to Slow After Tariffs Take Effect
6 Articles
6 Articles
Ocean carriers could omit Chinese ports, increase blank sailings as tariffs take hold - Furniture Today
HIGH POINT – Spot container rates have crept up the past two weeks, rising 13% from Shanghai to Los Angeles and 10% from Shanghai to New York, according to rate tracker Drewry. Reduced capacity amid tariff uncertainty is likely the reason why. Volumes from China are reported to be weak and uncertain, as shippers with inventory on-hand are holding bookings or arranging to pull back. Rachel Shames “Uncertainty across trade lanes is making it very …
China’s Busiest Ports See A Steep Drop In US-Bound Shipments Amid Tariff War
Image for representation purpose only The escalating tariff war between the United States and China is causing significant disruptions in key Chinese ports. As of this week, major shipping terminals in Shanghai and Guangdong, which usually handle a large portion of China’s trade with the U.S., are nearly empty of cargo ships bound for American ports. The situation has worsened as ports struggle with containers that missed the crucial April 9 dea…
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