Overview

• Blank sailings on Asia-U.S. trade lanes have surged, with carriers canceling up to 28% of West Coast sailings and 42% of East Coast sailings for late April and early May.
• Scheduled vessel capacity has dropped 12% on West Coast routes and 14% on East Coast routes over recent weeks, reflecting a sharp reduction in trade volumes.
• China order bookings declined by 20% year-over-year through mid-April, driven by steep U.S. tariffs and shifting supply chains.
• Container vessel traffic to major U.S. ports, including Los Angeles and Long Beach, has plummeted 29% week-over-week and 44% year-over-year for early May.
• The National Retail Federation projects U.S. imports will drop 20.8% in May and 26.6% in June, signaling ongoing supply chain disruptions.