China’s outbound container volumes take another step down

Daily ocean container departures from China to all ports globally have taken another step down, according to data in FreightWaves SONAR Container Atlas, falling to minus-22% year over year on Wednesday.

Ocean container departures from China mounted a recovery following Golden Week — the first week of October this year — but then slipped again as weak demand abroad and renewed COVID-19 lockdowns in Guangzhou took a toll on economic activity.