The container shipping firms that operate U.S.-inbound services have faced a tough month in May due to disruptions caused by COVID-19. Total U.S. container freight imports fell by 19.7% year over year in May including a slump in shipments from India and Canada of 71.4% and 43.0% while shipments from Brazil rose by 7.7%. Volatility in demand for shipping to the U.S. from different countries has led firms including Cosco Shipping’s Orient Overseas to restructure their offerings to favor the U.S. east coast over the west, at least on a temporary basis. Shipments to the U.S. linked to Orient...
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