Source: South China Morning Post [Hong Kong]
“Container bookings from China to the United States have surged nearly 300 per cent after the world’s two biggest economies agreed to pause sky-high tariffs that threatened global shipping, according to Vizion, a container-tracking service provider. The latest seven-day booking average from China to the US soared to 21,530 twenty-foot equivalent units (TEU), up from 5,709 for the previous week ending May 5 – a huge 277 per cent increase, said Ben Tracy, Vizion’s vice-president, in an online post on Wednesday. Following Beijing’s and Washington’s Monday announcement of a 90-day pause on most tariffs, analysts predict an earlier peak shipping season.” (05/15/25)