US EditionHapag-Lloyd CEO Sees ‘Huge Surge’ in Volume in Last Few Days
- Hapag-Lloyd’s CEO Rolf Habben Jansen noted that container shipment requests originating in China and destined for the U.S. Have increased by more than 50% this week following the announcement of a temporary tariff agreement in May 2025.
- The surge followed a 90-day truce between the U.S. And China that reduced tariffs from previous peaks of 145% and 125% to 30% and 10%, easing the recent trade war's impact on shipping volumes.
- Prior to the truce, bookings crashed 20-30% as U.S. Importers halted shipments amid escalating tariffs, and major shippers also faced route disruptions from security threats in the Red Sea.
- Data from Vizion showed bookings soared 277% to 21,530 TEUs in early May, while Habben Jansen cautioned that sustained volume depends on future U.S.-China trade negotiations.
- The rebound in bookings suggests easing tensions may restore transpacific shipping demand, but uncertainties remain due to tariff volatility and ongoing regional security risks.
21 Articles
21 Articles
Bookings for cargo shipping spiked this week — but it may not last, a shipping CEO said
German shipping company Hapag-Lloyd is seeing a surge in bookings from China to the US following the two countries' temporary tariff truce.Cathrin Mueller/ReutrsAmerican importers are rushing to ship Chinese goods after the US's 90-day tariff truce with China.Bookings for China-to-US cargo surged after the tariff rollback agreement, said Hapag-Lloyd's CEO.However, the surge may be short-lived and would depend on future trade talks, said the CEO.…
China to U.S. ocean cargo bookings surge 300% after tariff rollback, Vizion says
U.S. bookings for container transport from China to the United States spiked by almost 300 percent in the wake of the United States and China announcing a series of tariff modification measures aimed at easing trade tensions between them, container-tracking software provider Vizion said on Wednesday.
Hapag-Lloyd Sees Bookings Jump After US-China Tariff Truce
Just a few weeks ago, things weren’t looking so great for container shipping lines. Spot freight rates were sagging, demand visibility was near zero and an escalating trade war between the world’s largest economies dimmed the outlook for the industry’s lifeblood — global commerce.
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