Hapag-Lloyd is seeing higher demand for freight traffic between the United States and China this week, CEO Rolf Habben Jansen told Reuters on Wednesday, following a detente in the countries' trade row.
Asked about Washington and Beijing's tariff truce announced earlier this week, Habben Jansen said, "I expect that there will be additional volume between China and the US. That is what we have already seen in the last few days."
"It remains to be seen how long this will take and whether demand will become even stronger," he added.
The German shipping company saw a 50 per cent increase in bookings for US-China traffic week on week in the first few days of the week, according to the CEO.
(Reporting by Elke Ahlswede, Writing by Rachel More Editing by Ludwig Burger)