Import demand recovers back to even with 2024
From Yahoo Finance: 2025-06-15 00:30:00
Import container bookings, measured by the Import Ocean TEUs Index (IOTI), have sharply rebounded after a decline due to tariffs on Chinese goods. China typically accounts for 40% of U.S.-bound container imports, with Vietnam at 8%. However, China’s booking share dropped to 30% in May before bouncing back to over 40%.
The rebound in import volumes may lead to increased activity at U.S. ports, but the extent of inland freight movement depends on inventory levels. International intermodal rail volumes saw an 8% drop from April to May, while domestic container traffic and truckload tender volumes remained steady.
The transportation environment faces disruption risks, with carriers rejecting load requests at a high rate. Conflict escalation in the Middle East poses additional challenges to global supply chains. While direct U.S.-bound freight through the Suez Canal is minimal, disruptions could impact international capacity and scheduling.
The FreightWaves Chart of the Week highlights data from SONAR, providing insights into the freight market. SONAR aggregates data from various sources to offer real-time analysis. New datasets are released weekly to enhance the client experience. Customers can request a SONAR demo for more information on industry trends.
Read more at Yahoo Finance: Import demand recovers back to even with 2024