Latest! United States Market Orders Surge! Trump Tariff Case Goes to Trial on Wednesday! Today ABS Up 120 at Highest

Shenzhen Yantian Port is the most concentrated port area for North American routes in South China, handling over a quarter of the national export volume to the United States.

On October 31, there were a total of 8 vessels on the American line docked at Yantian Port, with a handling volume of 50,000 TEUs, accounting for nearly 60% of the port's total handling volume for that day.

Kang Hongjun, the duty manager of the Operations Service and Development Department at Yantian International Container Terminal, stated that recent high-level interactions between China and the United States have released positive signals. Many customers are also arranging shipments promptly. As market confidence recovers, the operation volume at Yantian Port is expected to gradually increase.

The China-U.S. Kuala Lumpur economic and trade consultations have achieved positive results, which is also a significant benefit for foreign trade enterprises.

A cross-border logistics company stated that previously, there was a cautious approach in the shipping schedule for certain types of goods on the US route. After the joint arrangement for the China-Malaysia Kuala Lumpur economic and trade consultations was announced, there has been a noticeable increase in inquiries from customers about shipments to the US.

The sales director of a cross-border logistics company in Shenzhen stated that transportation and customs clearance costs are expected to decrease by about 10%. As soon as the policy was announced, we received inquiries from several North American clients who had previously suspended cooperation. They are all re-planning their shipping schedules for the Christmas season. In less than 24 hours, our inquiries for shipments to the U.S. have increased by more than 30%.

In a foreign trade company in Shenzhen that specializes in the design and manufacturing of printed circuit boards and electronic components, the person in charge stated that after the announcement of the joint arrangement for the China-U.S. Kuala Lumpur economic and trade consultations, some American customers have already begun to contact them.

The founder of a certain circuit board design and manufacturing company in Shenzhen mentioned that currently, some American clients are proactively reaching out to see if they can bring their business back to us.

A person in charge of a cross-border e-commerce business for pet supplies and home appliance products stated that most of his customers are in the U.S. market. He mentioned that after a meeting with some American buyers at noon, the products they had ordered at the beginning of the year had been stalled due to tariff issues, but now they can be put back on the agenda.

The general manager of a cross-border e-commerce company in Shenzhen stated that as long as our design and research capabilities and market insight can be improved in the foreseeable future, customers will continue to come in continuously.

Not only in Shenzhen, but also foreign trade enterprises and freight forwarding companies in Zhejiang, Shanghai, and other regions have felt positive changes.

In a company in Cixi, Ningbo, Zhejiang, which is engaged in the research and manufacturing of auto parts, workers are busy producing battery pack components for a new energy vehicle, preparing them for shipment to the United States. According to the company’s manager, currently, about 60% of the company's export orders come from the United States. After the China-U.S. Kuala Lumpur trade consultation joint statement was released, American customers immediately sent order emails.

Ye Yang, the general manager of a certain auto parts company in Ningbo, Zhejiang, stated that among the orders we received immediately, one American customer requested us to airlift 90,000 units of a bracket-type product right away, and we still have two to three hundred thousand orders in production.

In a company in Shanghai that mainly engages in the agency of goods exported to the United States, the person in charge stated that the results of the new round of economic and trade consultations between China and the United States have brought positive changes, which can reduce transportation costs. Currently, the inquiry volume from customers on US routes has already increased.

The operations director of a Shanghai freight forwarding company noted that, based on backend data, customer inquiries for the U.S. route have increased by about 10% to 20% on October 31.