FreightWaves data shows inbound bookings have been at an elevated level for nearly a year now, stepping even higher in recent weeks. Ocean bookings to the U.S., measured as a 10-day-moving average of volume being tendered with ocean carriers and freight forwarders, shows that inbound traffic is coming in at a record pace. The data is forward-looking and provides insight into volumes before they depart a port of origin. Unfortunately, both truck drivers and equipment remain in short supply.
Expectations around future freight flows continue to grow with each passing week, and new records are being posted with no sign of a falloff on the horizon.