Chart of the Week: Ocean TEU Volume Index SONAR: App with special permissioned access
According to the FreightWaves Ocean TEU Volume Index, bookings of U.S. imports from China are up 89% year-over-year (y/y) through next week, which is a good indication that freight volumes will continue to flow through the rest of September.
FreightWaves’ Greg Miller reported ocean shipping rates broke records, with 40-foot container rates eclipsing $3,700 in the spot market from China to the U.S. West Coast...
https://s29755.pcdn.co/news/imports-will-continue-to-drive-strong-trucking-volumes-through-september