Carol Flake Chapman

Textainer Group: Counting on Container Shortages, Slow Ships to China

I realize that the Baltic Dry Index does not indicate rates specifically for container shipping. I didn't say that it did. However, it does provide an indicator of demand for shipping and for commodities and can be used as a more general predictor. Many analysts use it. I've found a correlation by looking at the charts of the BDI and certain sectors.

nScout, you can watch the index by looking it up on Bloomberg: www.bloomberg.com/apps.... Investools also has some charts. For up-to-the-minute specifics, including specific routes, you have to subscribe to the Baltic Exchange.