(The port of Los Angeles handles 40% of US containerised imports. 50% of its traffic is from China. That is why i use it as a proxy for US container traffic.)
In sum, this looks like a return to normal after the damage caused by President Trump's initial tariff announcements. But it is not a boom to new levels.
At long last in week 25 (June 15 to 25) and week 26 (June 22 to 28) there is evidence of something of a surge in imported container volumes on a YoY basis. Week 25 shows arrivals up 31.61% YoY and week 26 up 12.78% YoY. This takes the average rate of container arrivals back to a weekly average of 101,000 TEU for the two weeks to June 28, 2025. Looking back over 2024 average monthly arrival rates of 116,000 TEU makes 2025 look a bit paltry - even factoring in the anticipated recovery.
There are two other data points that have also turned up:
The Shanghai Shipping Exchange Containerised Freight Index showed a 6.6% increase in shipments to the US for the week ending June 6; and
The Drewry World Container Cost Index jumped 41% last week with the China- US and China - Europe driving the shift.
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In sum, this looks like a return to normal after the damage caused by President Trump's initial tariff announcements. But it is not a boom to new levels.