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Table 2 Capacity deployed (DWT) relative to demand (trade volume) in the WTA pre- and post-antitrust block exemption

From: Do carrier expectations indicate industry structure in container shipping? An econometric analysis

Westbound Transatlantic Market

Pre- (97Q1 – 08Q3)

Post (08Q4 – 16Q4)

Ratio of Supply/Demand (Slot Capacity in DW Tons/Containerized Trade)

1.52

1.81

Standard Deviation Slot Capacity – Containerized Trade Growth Rate Differential

0.118 (N = 43)

0.156 (N = 33)

Capacity – Containerized Trade Growth Rate Correlation

−0.29

+ 0.31

  1. Source: USACE and author’s calculations