Import demand growth robust leading into Lunar New Year

Chart of the Week: Inbound Ocean TEUs Volume Index – Port of Los Angeles, Port of Savannah, Port of New York/New Jersey, Port of Long Beach SONAR: IOTI.USLAX, IOTI.USSAV, IOTI.USNYC, IOTI.USLGB. Bookings for twenty-foot equivalent units (IOTI) spiked well above last year’s levels for freight bound for the nation’s…

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