Hapag-Lloyd Says 30% of China's U.S. Bound Shipments Have Been Canceled - gCaptain | Bible Prophecy In The Daily Headlines

“We are seeing reservations being cancelled from China to the US by around 30%. On the other hand, reserves from South-East Asia (Cambodia, Vietnam and Thailand) have increased considerably,” says Nils Haupt, director of the German shipping company Hapag-Lloyd, the fifth in the world with a fleet of 300 container ships. The lower demand is also causing a fall in freight prices between the two powers: on the busy Shanghai-Los Angeles route, which…

Tariffs Take Toll: Hapag-Lloyd Sees Significant Drop in China-US Cargo - mfame.guru

A spokesperson for the German container shipping group Hapag-Lloyd told Reuters on April 23rd, 2025, that their customers have cancelled 30% of shipments from China to the United States. This significant drop is attributed to the ongoing trade conflict between the world’s two largest economies, which has created uncertainty and impacted trade flows. Global Trade Situation  The trade situation between the United States and China has seen the impl…

Hapag-Lloyd Says 30% of China's U.S. Bound Shipments Have Been Canceled - gCaptain | Bible Prophecy In The Daily Headlines

By Matthias Inverardi DUESSELDORF, April 23 (Reuters) – Hapag-Lloyd customers have canceled 30% of shipments to the United States from China, spooked by the trade conflict between… Read More: The post Hapag-Lloyd Says 30% of China’s U.S. Bound Shipments Have Been Canceled – gCaptain appeared first on Bible Prophecy In The Daily Headlines.

Hapag-Lloyd Says 30% of China's U.S. Bound Shipments Have Been Canceled

Customers of Hapag-Lloyd have canceled 30% of shipments to the United States from China, spooked by the trade conflict between the two economic super powers, a spokesperson for the German container shipping group told Reuters on Wednesday.