Baltic container index. Wide range of assessments.
Baltic container index Aggregated across commercial rates managed by Freightos, the FBX provides a uniquely data-driven pulse of the state of the container freight market. An index is only as good as its data. Unlike other freight indices, FBX is based on aggregated and anonymized real-time business data from global freight carriers, freight forwarders, and shippers that use the WebCargo by Freightos freight rate management The FBX03 global ocean freight container pricing index measures 40′ container prices across key port pairs from China or East Asia to North America’s East Coast. The FBX reflects daily pricing to ship a 40’ shipping container across 12 global trade lanes , as well as a composite index reflecting global container Dec 23, 2024 · The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers. The FBX12 global ocean freight container pricing index measures 40′ container prices across key port pairs from Northern Europe to China/East Asia. The Freightos Baltic Index (FBX) is a daily ocean container index issued daily by Freightos and the Baltic Exchange, a respected name in global freight that also runs the Baltic Dry Index. S. 00-1. This index is created and maintained in collaboration with the Baltic Exchange. Get access to the leading international Freight Rate Index, in cooperation with the Baltic Exchange, providing market rates for 40' containers. . The data includes a headline index – the FBX Global Container Index – a weighted average of the 12 underlying tradelanes. Freightos Baltic Global Container Index Over 1. The FBX11 global ocean freight container pricing index measures 40′ container prices across key port pairs from China/East Asia to Northern Europe. Over 1. 38 Points or 42. We believe that no investment decision should be taken without the consideration of economic fundamentals. Read More » Emily Ricks Tuesday, February 2, 2021 Jan 16, 2020 · Container indices include the Shanghai Containerized Freight Index (SCFI), which was created by the Chinese government in 2005 and is operated by the Shanghai Shipping Exchange and published weekly; the Drewry Global Freight Rate Index (SONAR: WCI. Global Freight Data Freightos’ indexes span across global logistics providers, importers, airlines, and ocean liners - now available via API or cmdtyView. FBX01 – China/East Asia to North America West Coast – also experienced a significant rise throughout May. Jan 28, 2024 · A containerized freight index, such as the Shanghai Containerized Freight Index and the China Containerized Freight Index, tracks the cost of shipping containers on major trade lanes. Baltic and Freightos Limited have collaborated, building on their respective expertise to provide the Freightos Baltic Global Container Index (FBX) where Freightos Limited is the Calculating Agent and Baltic Exchange Information Services (BEISL) is the Benchmark Administrator. 85 billion data points. If ocean shipping represents a large expense for you, it helps to have a handle on how rates fluctuate week to week and over time. com, go to your profile and select Freightos Baltic Global Container Index at the bottom of the page. Now available for index-linked contract negotiation, market intelligence and deep data analysis to guide supply chain critical decision making. 97% Containerized Freight Index increased 751. Jul 29, 2021 · The disparity between the different indexes grew even more extreme on Wednesday, after a calculation change by the Freightos Baltic Daily Index (FBX) led to a massive one-time reset in its Asia-U. It provides the market with a credible and fully transparent reference point and is based on the world’s largest global database of freight rates using real-time data from The Freightos Baltic Index (FBX) (also sometimes known as the Freightos Baltic Daily Index [1] or Freightos Baltic Global Container Index [2]) is a daily freight container index issued by the Baltic Exchange [3] and Freightos. The Freightos Baltic Global index spiked 43% month on month in May to $3,413/FEU – two-and-a-half-times higher than 2019 levels and just below the initial rate spike from Red Sea disruptions in February – as unseasonal increases in demand for ocean freight out of Asia, combined with a supply side increasingly stretched thin by Red Sea diversions. 00 -15. balticexchange. GLOBCOMP), also published weekly; and the Freightos Baltic Index (FBX). The FBX is the only daily freight rate index and is also the only freight index that is IOSCO compliant and regulated by the EU. 70% since the beginning of 2024, according to trading on a contract for The Baltic Exchange's dry bulk sea freight index, which tracks rates for ships carrying dry bulk commodities, extended its losing streak into a tenth consecutive session on Monday, falling 17 points to a fresh low since February 2023 at 761 points, amid lower seasonal demand and activity. spot-rate assessments. You can learn more about the FBX by reading the Baltic Exchange’s Guide to FBX, including the benchmarking methodology, available here. Use your mouse to manoeuvre around the globe Use your fingers to manoeuvre around the globe Jul 29, 2021 · The disparity between the different indexes grew even more extreme on Wednesday, after a calculation change by the Freightos Baltic Daily Index (FBX) led to a massive one-time reset in its Asia-U. The index commenced at $2,409 and concluded at $3,508 by 31 May, marking a $1,099 increase per FEU. Wide range of assessments. Supply chain organizations globally turn to the Freightos Baltic Index (FBX) for real-time visibility into the global ocean container market. The index measures global container freight rates [4] by calculating spot rates for 40-foot containers on 12 global FBX stands for Freightos Baltic Index. It was developed by Drewry, a maritime research and consulting firm, and is designed to provide a snapshot of container freight rates on the most important trade routes. Six daily Freightos Baltic Index (FBX) indices administered by the Baltic Exchange will be used for the settlement of CME Group’s new shipping container freight futures. Freightos Baltic Container Index (FBX) The daily FBX Container Index, in partnership with Freightos, reflects the spot rates for 40-foot containers on 12 tradelanes. Key ports in the index include Shanghai (PVG) and Ningbo (NGB) in China and Rotterdam (RTM) and Hamburg (HAM) in Europe. It is the leading international Freight Rate Index, in cooperation with the Baltic Exchange, providing market rates for 40′ containers (FEUs). These are CY/CY 40’ buyside FAK rates, valid at the time of index production. The World Container Index (WCI) is a composite index of container freight rates on eight major routes to/from the US, Europe, and Asia. Feb 4, 2020 · Index-linked contracts have been adopted by all other sophisticated industries, including bulk shipping and air cargo, and are exactly where container freight is heading: more than half of those we surveyed anticipate index-linked contracts will become common in freight, with estimates that nearly half (44%) of all contracts will be index The Freightos Baltic Global Container Index (FBX) climbed 38% in December to a new FBX-high of $3,377/FEU, a 143% increase annually, driven by still-surging global demand and the resulting container shortage that kept rates spiking on Asia-Europe and Asia-Mediterranean lanes. Prices used in the index are rolling short term Freight All Kind (FAK) spot tariffs between carriers, freight forwarders and high-volume shippers. Unlike other To receive the index directly by email, login to www. MacroMicro is committed to consolidating global economic data, while deploying technology to efficiently discover the clues to economic cycles. Baltic Dry 746. The FBX22 global ocean freight container pricing index measures 40′ container prices across key port pairs from North Europe to the North American East Coast. MacroMicro is changing the way people invest by providing sophisticated fundamental analysis as well as empowering investors to have more control The FBX13 global ocean freight container pricing index measures 40′ container prices across key port pairs from China/East Asia to the Mediterranean. As the leading container index, FBX supports benchmarking with true-to-market daily updates on 40′ container prices across 13 lanes, backed by IOSCO compliance and rigorous external oversight from the The FBX21 global ocean freight container pricing index measures 40′ container prices across key port pairs from the North American East Coast to North Europe. Try it today! The Freightos Baltic Indices (FBX) reflect weekly spot rates for 40-foot containers. The new contracts will be priced in USD per FEU (forty-foot equivalent) and will launch on February 28, 2022, with a first contract month for trading of March 2022, pending In May, the FBX index exhibited a consistent upward trend. Freightos Baltic Index (FBX) is the largest global container and freight rate index, allowing you to access freight rate charts and container pricing. The FBX26 global ocean freight container pricing index measures 40′ container prices across key port pairs from Europe to the South American West Coast. Container index numbers have been all over the map this year, a fact not lost on index critics. agyyzygxaywjwsjwbmeynnaihgekfnvetgucicichwxdijqxjm