Early peak masks in the increasing navy trade and economic uncertainty

Week scheme: Importing the TEUS ocean size index – USA Sonar: iOTI.UUSA

Reservation sizes for container resources, as measured by Expion on the ocean ocean size (IOSI), it appears to have reached its climax in early July – a month before the model freight season. Although “model” has become a relative term in recent years due to the increasingly converted charging behaviors, this early peak provides an insight into what the transportation markets might expect during the remaining period of 2025.

IOTI is a 14 -day average moving index that tracks the twenty -foot -long -long -length control unit container of US ports from all over the world. Although it generally follows stable seasonal patterns, in 2025 he witnessed a major disturbance due to the emerging trade war that the current administration began in an attempt to rebalance American trade and support local manufacturing.

IOSI reached the highest multi-year level of 2,356 after the fourth of July-top by 4 % of the peak last year of 2,273, which occurred on August 5, 2024.

However, this does not necessarily indicate the strongest demand for commodities compared to last year. Part of this increase in the folder may reflect the fresh time of time earlier in the year when costly definitions are frozen on Chinese imports, which were aged in April and early May, a temporary activity. Several importers stopped purchases from the largest trading partner in the United States in the United States due to high costs, which led to a 15 % decrease in IOTI during the month of May.

When the customs tariff (currently appointed in August) was stopped, the trucks resumed the speed of demand – both compensation for late charges and to ensure sufficient stocks before the potential demand mutations.

This position offers a double -border sword for many companies. On the one hand, definitions increase the costs of direct import; On the other hand, it contributes to the broader economic uncertainty and can suppress the request of the consumer. The impact of this trade war on the broader economy is still unclear.

So far, feelings have been shook clearly, as shown in consumer confidence and multiple commercial currencies. While the job market appears to be healthy on the surface, the deepest analysis reveals the basic weakness. According to ADP, the private sector employment stopped in June, which led to a net loss of jobs. Retail sales also diluted in MayThis causes many economists to predict more weakness in the second half of the year, as the full impact of definitions in price liquidation begins.

Although government employment numbers showed gains – thanks to the large extent for the state and local employment – this trend may be exaggerated, as there are an increasing number of people It came out of the workforce In recent months.