Lummid

Deals & News

Container Shipping Industry Faces Capacity Surge Amid Trade Shifts

Published: May 27, 2025 The global container shipping industry is undergoing significant changes, marked by record-high capacity levels and rising freight rates on key international routes. These shifts are largely influenced by updated trade tariffs and changing global shipping patterns. Record-Breaking Capacity on Far East–Europe Routes New data shows that shipping capacity from the Far East to Northern Europe is set to exceed previous records. This surge suggests that carriers expect stronger demand, possibly driven by a strategic redirection of

Read More

Container Demand Surges 277% Amid Tariff Pause — Key Insights for Shipping and Trucking Operations

Summary: A sudden 277% increase in U.S. container bookings from China is shaking up global supply chains as shippers take advantage of a temporary trade window. Container Booking Boom Fueled by Tariff Pause A recent 90-day pause in tariff implementation between two major global trading partners has triggered an unexpected surge in container bookings. In less than two weeks, average daily bookings from China to the U.S. jumped from just over 5,700 TEUs (twenty-foot equivalent units) to more than 21,000

Read More

US-China Tariff Pause Triggers Container Booking Surge: What It Means for Shipping and Trucking

Summary: A 90-day halt in US-China tariffs is fueling a spike in container demand, creating ripple effects in shipping, trucking, and container supply chains. Tariff Truce Leads to a Spike in Shipping Demand A recent agreement between the U.S. and China to pause new tariffs for 90 days is already impacting the logistics world. Importers are fast-tracking shipments to avoid future trade costs, leading to a noticeable spike in container bookings out of China. Bookings Jump 50% — What’s Driving

Read More

Trade between Russia and China is booming so much that shipping containers are ‘piling up’

Shipping containers from China are “piling up” in Russia amid a surge of Chinese goods flowing into the country as trade soars, a new analysis has found. Russia has an extra 150,000 shipping containers that importers are scrambling to return to China, logistics platform Container xChange said in a report released Thursday, citing information provided by a customer. “There is significant cargo movement from China into Russia but very scarce movement back to China from Russia. Containers are piling up

Read More

SoCal Warehouse Slump: A Potential Warning Sign For Broader Economy

Weakening consumer demand for goods and waning inventory growth by companies have softened imports while the macroeconomic backdrop becomes more uncertain with interest rates at 22-year highs. Depressed trade flows, which appear to persist through summer, have sparked a cooldown in Southern California’s warehouse market as vacancy rates for industrial real estate rise. The warehouse vacancy rate in the “Inland Empire,” an area with over a billion square feet of warehouses covering 40 square miles and servicing the nation’s largest

Read More

Trans-Atlantic container rates still double pre-COVID levels

Container shipping rates are not back to normal quite yet. Trans-Pacific rates have returned to pre-COVID levels, but pricing in trans-Atlantic markets has not. Spot container rates from Europe to the U.S. — while falling — are still more than twice pre-pandemic rates. U.S. imports from Europe remain strong, with building materials supporting volumes. Drewry and FBX spot assessments The Drewry World Container Index (WCI) spot-rate assessment for Rotterdam, Netherlands, to New York was $5,061 per forty-foot equivalent unit in

Read More