Cargo

Global freight rebounds after US-China tariff deal

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Global freight rebounds after US-China tariff deal

US-China container bookings have rebounded in the wake of the US-China trade deal that paused tariffs, according to a HSBC report. The Shanghai containerised freight index (SCFI) soared 10% week-on-week with transpacific rates to the US west coast and east coast up 22-23% during the week ending May...

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