Bookings for container ships to transport cargo from China to the US have surged after the countries announced a 90-day truce on punitive tariffs, reported the Reuters.
The trade détente has led to congestion at Chinese ports and factories that could take weeks to clear.
American importers of everything from sneakers and sofas to building materials and auto parts are scrambling to get their goods in before tariffs are reimposed, setting the stage for disruptions reminiscent of the COVID-19 pandemic.
A surge in cargo at major commercial ports, such as Yantian Port in Shenzhen, which handles more than a quarter of China's exports to the United States, is forcing shipowners to try to coordinate berths and adjust ship schedules.
"The demand is so high that we can only serve those clients who have signed long-term contracts with us. We barely have enough space for spontaneous bookings," — a representative of German container ship operator Hapag-Lloyd told Reuters.
Container tracking software provider Vizion said its average order volume in the seven days ending Wednesday was up 277%.
The surge in shipping will cause ports on the US West Coast to be overwhelmed with ships in the coming weeks.
However, industry experts, including the executive director of the Port of Los Angeles — the busiest seaport in the United States and No. 1 in terms of maritime traffic from China — predict a large but manageable wave of goods.
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