Petersen: China-to-US ocean freight bookings have dropped 60%
Ryan Petersen · We Went to DC to Interview Tech's Power Players · May 4, 2025 · at 12:54
Ryan Petersen, CEO of Flexport, reports proprietary supply chain metrics regarding trade volume from China to the United States following tariff updates.
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“Yeah, it's a little bit, so like, so you've had a 60% decline in bookings of ocean freight from China to the US. That's resulted in a 25% decline of sailings.”
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