Transpacific shippers to face tight capacity post 90-day tariff reprieve

Capt. John

FOLLOWING President Trump’s 90-day tariff reprieve starting April 2, transpacific shippers are rushing to move delayed cargo, creating a potential surge in demand of up to 48 per cent, according to Sea-Intelligence. An estimated 180,000-540,000 TEU of goods in China – much of it already produced and stored – could now enter the trade lane, triggering an early and intense peak season. Alan Murphy, CEO, Sea-Intelligence, said: ‘In the past four weeks, shipping lines have been trying to reduce...

https://www.seanews.com.tr/transpacific-shippers-to-face-tight-capacity-post-90-day-tariff-reprieve/203349/

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