Trade war fallout: Cancellations of Chinese freight ships begin as bookings plummet

Ocean Rates See Uptick Amid Tariff Turmoil

(NAFB.com) – Ocean container rates from Asia to North America saw a slight uptick last week as the Trump administration’s tariff-driven trade strategy roils global markets, Freightos reported Wednesday. Rates from Asia to the U.S. West Coast were up 10% week over week to $2,465 per forty-foot equivalent unit, per an April 16 market update. Rates to the East Coast went up 3% to $3,647 per FEU. As shippers navigate trade uncertainty, a pullback in…

Ocean rates see uptick amid tariff turmoil

Trade uncertainty is prompting a drop in ocean cargo bookings out of China, Freightos said.

Chinese Container Ship Sailings Canceled Over Tariffs - Joe.My.God.

Trade war fallout: Cancellations of Chinese freight ships begin as bookings plummet

Canceled freight vessel sailings from China are up and will ripple through the supply chain as the trade war impact on the global economy intensifies.

China’s container bookings to plunge up to 60% as US tariffs wipe out trade

But shipping traffic in the rest of Asia is bouncing back as traders rush to take advantage of US ‘reciprocal’ tariff pause.

Trump’s China Ship Fees Set to Hit Global Shipping Giants

President Donald Trump has proposed a fee of at least $1 million each time a Chinese-operated or Chinese-built ship enters a U.S. port.