NewsUBS: Week 39 NA container imports -9.4% y-o-y; China to west coast rate below $3,000

October 6, 2022by 0

Here is the ‘UBS Container Import Tracker’, sourced from a note released today by the Swiss bank.
UBS Evidence Lab’s Global Maritime Trade Monitor, the broker notes, tracks “weekly container imports into North America. Using real-time data on ship location, capacity, and draft depth, UBS Evidence Lab calculates a modified deadweight tonnage (MDWT) metric to approximate the amount of containership cargo unloaded at North American ports. MDWT is strongly correlated (r-squared = 95%) …

The post UBS: Week 39 NA container imports -9.4% y-o-y; China to west coast rate below $3,000 appeared first on The Loadstar.

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