Container-liner schedules are about to provide a telling clue on U.S. cargo demand.
Arrival schedules for May and June are set. U.S. ports will see double-digit declines in inbound capacity. Whether carriers will keep “blanking” (canceling) sailings on the same scale into the third quarter remains unknown, but not for much longer.
If mass cancellations extend into July at elevated May-June levels, it means that carriers are not receiving enough bookings from shippers, implying a weak recovery...
https://www.freightwaves.com/news/will-ocean-carriers-scale-back-sailing-cancellations