Chart of the Week: Inbound Ocean TEUs Index – USA SONAR: IOTI.USA
The Inbound Ocean TEUs Volume Index (IOTI), which measures bookings of twenty-foot equivalent containers by departure date, has been holding near annual highs for nearly a month. While tariffs are possibly a factor in this seasonally early push, there may be more driving this wave than tariff concerns alone.
The IOTI is down compare...
