News
News
Cargo bookings suspended! Large-scale flight cancellations! 80 departures from China canceled! | Maritime export logistics
Apr 22,2025
Container traffic on the China-U.S. route has fallen sharply as the trade friction between China and the United States escalates. The sharp decline in demand has led to an oversupply of sea cargo spaces, and freight rates on the US route have continued to fall. Many shipping companies are shifting excess capacity to other routes in response to market changes. According to industry forecasters, by the end of April, the volume of cargo in the U.S.-China shipping market will decrease significantly.
According to the latest data from trade data platform Vizion, US container bookings fell sharply from late March to early April, and bookings on global and US trade routes also fell sharply.
Records from HLS Group, a freight forwarding agent, show that 80 freighter flights from China have been cancelled. One of the shipping alliance ONE's scheduled to resume service in May has been suspended indefinitely, while another cancelled a stop at the Port of Wilmington in North Carolina, US. The Lennar Shipping Association
Ocean Alliance (OA) shipping company announced that its three routes to Los Angeles - CPS, PCC1, CEN - will be completely closed at the end of April. Non-allied shipping company ZIM also decided to suspend operations for two months. Cumulative capacity cancellations are estimated to be equivalent to between 640 thousand and 800,000 TEUs, with negative impacts on terminal operations, port revenues and subsequent trucking, rail and warehousing.
The World Trade Organization (WTO) has warned that the Trump administration's tariff plan has sharply worsened the global trade outlook. Analyst firm Sea-Intelligence noted that the number of containers on the Asia to US trade route will decrease, and the future could see more suspension announcements.
In the face of rising tariff barriers, U.S. importers are adopting a variety of strategies. According to a recent CNBC survey, nearly nine in 10 companies (89%) chose to cancel orders as their first response. 61% of businesses are looking for suppliers from low-tariff countries; The same proportion of businesses plan to increase the price of their goods. Seventy-five percent of businesses expect the cost of tariffs to be passed on to the end market, causing U.S. consumers to spend less.
In addition, 18% of respondents believe that building a chain in America will cost at least twice as much, and 47% believe the increase will be more than 100%. Eighty-one percent said they would prefer industrial robots to workers if they set up shop in America. The survey highlights the cost and time challenges of restructuring supply chains as the global trade landscape changes.
Trade tensions between China and the United States continue to escalate, posing unprecedented challenges to shipping and global supply chains. Companies need to pay close attention to policy dynamics and adjust their strategies flexibly to cope with the changing market environment.
Previous Page:
Make global trade unimpeded
Contact Phone
Contact Us
Copyright ©Guangzhou Hongdex International Logistics Co.,Ltd
Hotline: 020-84608598
Whatsapp: 18011705178
QQ：2853396538
Email: 2853396545@qq.com
We will provide you with timely feedback
