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China-US Shipping Surges - Exporters and Buyers in a 90-Day Race Against Time - YT FINANCE
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China-US Shipping Surges - Exporters and Buyers in a 90-Day Race Against Time - YT FINANCE
"Cargo volumes these past few days feel like a dam has burst," said Lin Jintang, General Manager of Shanghai Golden Logistics Co., a freight forwarder. "Buyers are panic-ordering and hoarding goods, shipping capacity can't keep up in the short term, and the shipping market now feels eerily similar to how it was during the 2021 pandemic," .
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