Chart of the Week: Inbound Ocean TEU Index – USA, Transportation Air Cargo Index – Hong Kong to North America SONAR: IOTI.USA, AIRUSD.HKGNOA
Supply chains have fractured under the weight of recent import demand, forcing shippers like Peloton (NASDAQ: PTON) to find pricier alternatives in order to not miss their window of opportunity. Judging from FreightWaves’ new Inbound Ocean TEU Volume Index (IOTI) and the recent Transportation Air Cargo Index (AIRUSD), that is not the only company choosing...
https://s29755.pcdn.co/news/shippers-take-to-the-sky-as-ocean-congestion-grows