U.S. shipping industry: China-US sea freight orders surge

 Xinhua News Agency, Los Angeles, May 15 (Reporter Huang Heng) The latest data disclosed by people in the US shipping industry on the 14th showed that the average daily booking of container shipping from China to the United States surged nearly three times compared with a week ago.

  Ben Tracy, vice president of Vizien, a U.S. supply chain data provider, announced on social media platforms that the company operates that the global shipping order tracking system shows that the volume of container bookings shipped from China to the United States was 5,709 TEUs per day in the week ending May 5, and rose to 21,530 TEUs per day in the week ending May 14, an increase of more than 277%.

  Affected by the previous US government tariff policies, the Chinese and US maritime transportation industry has suffered a severe blow. Industry analysts pointed out that bookings from China to the United States have dropped sharply since April, with carriers canceling their voyages, opting to use smaller ships, and suspending at least six weekly routes to and from both countries.

  The high-level economic and trade talks between China and the United States were held in Geneva from May 10 to 11. The talks reached important consensus and made substantial progress. According to the executive order issued by the White House on May 12, the US side has revoked a total of 91% tariffs imposed on Chinese goods under Executive Order No. 14259 of April 8, 2025 and Executive Order No. 14266 of April 9, 2025, and amended the 34% reciprocal tariff measures imposed on Chinese goods by Executive Order No. 14257 of April 2, 2025, of which 24% of the tariffs were suspended for 90 days, retaining the remaining 10% tariffs. At the same time, the US also lowered or revoked the tariffs imposed on China's small parcels, lowered the international mail adjudication tax rate from 120% to 54%, and revoked the measures that originally scheduled to increase the quantity tax from US$100 per piece to US$200 from June 1, 2025. In view of the fact that the US has canceled, suspended or adjusted the imposition of tariffs on China in accordance with the consensus on high-level economic and trade talks between China and the United States, China has adjusted the relevant tariffs and non-tariff countermeasures against the United States accordingly.

  Tracy said in an interview with the logistics professional media freight news network on the 14th that with the adjustment of US tariff policy toward China, "we do begin to see a rebound in bookings."

  The Freight News Network also pointed out that overall, supply chain-related industries still believe that there is uncertainty in the recovery speed of logistics business. Some freight forwarding companies confirmed on the 14th that the volume of business consulting increased by 35% within two days. But shipping giant Maersk announced on the 14th that it would launch a significant discount on "door-to-door" spot transportation to and from dozens of destinations in the United States. The move is believed to be to fill the empty capsule on the cargo ship.

[Editor in charge: Gu Yue]

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