Container ship bookings for China-to-US cargo seeing surge

Container ship bookings for China-to-US cargo have surged since the countries declared a 90-day truce on punitive tit-for-tat tariffs, spawning congestion at Chinese ports and factories that could take weeks to clear, it is learnt. US importers of sneakers and sofas to construction supplies and auto parts are racing to get goods in before the deadline resets tariffs again. The cargo surge at major trade gateways like Shenzhen’s Yantian Port has shipowners scrambling to coordinate berths and adjust vessel schedules. According to a leading line, demand is so high that it can only serve customers who have made long-term contracts with it. Container-tracking software provider Vizion said that average bookings for the seven days ended May 14 soared 277% to 21,530 20-foot equivalent units from the 5,709 TEU average for the week ended May 5, as per a report.

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