SONAR’s Container Atlas shows new booking volumes plummeting over 35% from their Aug. 1 peak, a key indicator that U.S. import demand is rapidly deteriorating. (Photo: Jim Allen/FreightWaves)

Ocean carriers are steadily losing pricing power on the trans-Pacific as China to U.S. demand peaks for the second half of 2023.

U.S. import demand is likely peaking and could soon begin a steady decline toward a “new” bottom in the back half of 2023.

Softening demand in an excess of vessel capacity is putting tremendous downwards pressure on ocean container spot rates.

An unprecedented level of caution among importers likely to cause further declines in import volumes.

Further downside risks to the U.S. economy are increasing the odds of a further decline in containerized import volumes.

It is becoming increasingly clear that hopes of a container boost from the reopening of China are all but gone.

Further downside risks to the U.S. economy make the odds of a rebound in containerized import volumes unlikely.

Los volúmenes de contenedores entrantes a Estados Unidos están volviendo a los niveles anteriores a la pandemia

There’s no wave of containers coming to rescue U.S. freight markets. Booking data shows that U.S. imports are cratering.

FreightWaves’ maritime Market Expert Henry Byers provides insight regarding the Phase One trade deal between the United States and China.

Henry Byers writes about the latest twists and turns in the U.S.-China trade war.

The U.S. fireworks supply comes primarily from China, and one company controls most of that trade. Read Market Expert Henry Byers’ fascinating article about fireworks!

FreightWaves’ SONAR chart of the week (June 16, 2019 – June 22, 2019) Chart of the Week: Drewry World Container Index – Shanghai to Los Angeles and Shanghai to New […]

Market expert Henry Byers examines the U.S.-Chinese trade war and its impact on imports and the broader economy.

The inbound container flows had a big impact to freight volumes in the port cities of Savannah and Los Angeles this past year.