Why it still feels like a recession for many

Chart of the Week: Inbound Ocean TEUs Index, Outbound Tender Volume Index – USA  SONAR: IOTI.USA, OTVI.USA

Import demand based on bookings of twenty-foot equivalent units heading into the U.S.

(IOTI) remains down compared to two years ago, but only slightly. Truckload tender volumes (OTVI) are down roughly 25% compared to the same period in 2022. These two figures are effective indicators of goods demand in the U.S. This is the perspective of deterioration that many businesses are still coping...


Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.