American shipping lines are experiencing a "cabin grab fever" now, and freight rates may rise in the short term or persistently.
The shipping industry has welcomed a bullish market. According to data from East Money, as of the close on May 14th, the shipping port sector surged by 4.58%, with a cumulative increase of 8.44% over the two trading days of May 13th and May 14th. In terms of news, the recent easing of trade tensions between China and the United States has led to a "rush to ship" and a surge in demand for shipping space on American routes. Some industry insiders believe that under the current circumstances, goods that were previously backlogged will be expedited for shipping, leading to increased shipping prices that could continue into the second half of the year.
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