Nearly a third of US orders from China cancelled, logistics giant says

Capt. John

MAJOR shipping container company Hapag-Lloyd said its customers have cancelled 30 per cent of orders from China to the United States as President Trump’s stiff tariffs cause chaos at ports around the world. Meanwhile, there has been a ‘massive increase’ in demand for shipments from Thailand, Cambodia and Vietnam, the German shipping company, which is one of the largest in the world, New York Post reporting citing Reuters. ‘We see these bookings rising significantly. But the market is smaller...

https://www.seanews.com.tr/nearly-a-third-of-us-orders-from-china-cancelled-logistics-giant-says/203106/

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