China to US ocean cargo bookings surge nearly 300% after tariff truce

Ocean cargo bookings from China to the United States have surged nearly 300 per cent after both countries agreed to suspend tit-for-tat tariffs for 90 days, container-tracking service provider Vizion reported. The most recent seven-day booking average for shipments from China to the US reached 21,530 twenty-foot equivalent units (TEU), up from 5,709 TEU for …