According to the latest report from WorldACD, volumes between Asia Pacific and the US showed signs of life in recent weeks, while from Europe, figures have weakened, potentially a sign of volumes rebalancing as a result of the US finalising more tariff arrangements. Figures from WorldACD show that chargeable weight between China and the US increased by 1 per cent in the week ending August 10 (week 32), following flat figures in week 31 and a 5 per cent increase in week 30. In addition, demand from China to the US increased by 5 per cent year on year in week 32 – the first increase compared with last year since mid-April. In contrast, export tonnage from Asia Pacific to Europe has now declined for four weeks in a row, led by declines from China, South Korea and Indonesia.
