Container freight index 2020

1% up when compared with same period of 2019. 3 September 2020. 2. It can easily be spotted that the rates in 2020 soared compared to the previous year. " Business Profile, Telephone/Mobile Numbers, E-mails, Services, Freight Quotes is based on availability and are subject to change without notice. 1 3,847 1 minute read. Because you are not logged, data on display are delayed by 60 days. 1%) down when compared with January 2019. Freight Calculator Get Instant, Free, Container Shipping Estimates, as well as Break Bulk, Bulk, and Project Cargo, from anywhere to anywhere in the World. Freight rates on Shanghai-Los Angeles gained $808 to $5,211 The first to publish benchmark container spot market freight rates. Supply–Demand Situation and Outlook. Figure 6: U. The most significant spot rate increase on its major trade lanes was Information is provided on this site "as is. Importers are locking in container shipping rates that are as much as 50% higher than a year ago to avoid the volatile and even steeper prices in the spot market Welcome to World Freight Rates the Number One Destination for Free, Instant, International, Container Shipping Rate Estimates. 08 billion by 2027, registering a CAGR of 4. Current FBX. As a measure of economic activity, Cass Freight Index shipment volumes dropped 17. Shipping routes, which are major container trade routes export from Shanghai to Cass Freight Index - Shipments. This is because your costs of shipping will vary depending on a number of factors, amongst which the type of transport, distance, and volume of your shipment are the most important ones. 54 points while showing a slower pace of growth rate than previous months, having risen to 2. It’s probably fair to say that, at that time, few governments were seriously considering the possibility of a pandemic on the scale that now exists. 5 means that more containers enter and CAx values of < 0 Jul 12, 2020 · China’s index of export container transport edged up in the past week, according to the Shanghai Shipping Exchange. 3% for the forecast period 2020-2027. 70 billion in 2019, and is projected to reach $12. The CAx (Container Availability Index) is an index (or tool) that allows interested parties to monitor the import and export moves of full containers around major ports. Jun 16, 2020 · 2020 Trends in Freight Transportation, and the COVID-19 Impact. The Port Performance Freight Statistics Program provides nationally consistent performance measures on capacity and throughput for the Nation’s largest tonnage, container, and dry bulk ports. 6% y/y change, but not good by any absolute measure. The CCFI tracks spot and contractual freight rates from Chinese container ports for 12 shipping routes across the globe, based on data from 20 international carriers. 1, 1998. A report to Congress summarizing information from this program is compiled and published annually, and we Apr 12, 2021 · The size of the market in 2019 was 3,169. The biggest spot rate increase on its major tradelanes was recorded between Asia and North Europe, which saw the SCFI component leap by almost 300% to finish the year at $4,091 per teu. This share is lower than 5 % for the other years. China). 122—saw a 6. The Cass shipments index is a measure of the number of intra-continental freight shipments across North America, for everything from raw materials to finished goods. 7% annual increase, and December freight expenditures—at 3. Reefer rates are highest in the Midwest, averaging $3. Freight rates on Rotterdam to New York surged 7% or $384 to reach $6,160 per 40ft container. The Shanghai Containerized Freight Index (SCFI) is published for each of these routes, but here Jun 16, 2020 · 2020 Trends in Freight Transportation, and the COVID-19 Impact. 0% from one year ago. The Container Freight configuration of Freight2020 Operations Management is integrated with every other type of freight quote or booking that you may ever want to manage within your transport business. A CAx value of 0. Whether sending a single package, or 1,000 Sep 23, 2021 · Container freight rate index worldwide 2019-2021. Includes all news stories from the Port of Los Angeles, covering a range of topics, including business, cargo, community Apr 12, 2021 · The size of the market in 2019 was 3,169. [i] In reality, however, only 12,748 port pairs have such direct connections, i. 3bn tonnes in 2019. So, 2020 will be a combination of lower base rates and higher fuel charges, in Drewry’s view. The freight rates of all routes were raised, buoying the container transport market last month. January 1 brought with it the implementation of a regulation issued by the International Maritime Organization known as IMO 2020, which requires carriers to limit the sulfur content of the fuel they burn to 0. The report includes a weekly snapshot of the rolling month-to-date national average trucking rates for van, reefer and flatbed. S. Powered by shipping line data. 15 per mile, up to $. 1% to $1,575. Please note that due to the COVID-19 pandemic we have experienced significant delays in getting data from our various data providers and have had restricted access to our own internal systems. Jan 11, 2021 · Figure 5: U. 1% from the previous week to 2,870. New data from the shipping industry association BIMCO shows that after a 5. Containerized Total Number of Shipments and Total TEU's Source: PIERS Bill of Lading. 0% CAGR during 2020-2030 (forecast period Jan 01, 1998 · 0 Comment(s) Print E-mail Xinhua, July 25, 2020 Adjust font size: China's index of export container transport edged up in the past week, according to the Shanghai Shipping Exchange. At the start of June, spot freight rates on the major trade lanes were all higher than a year earlier — Shanghai-Rotterdam (+23 percent), Shanghai-Genoa (+24 percent), Shanghai-Los Angeles (+45 percent) and Shanghai-New York (+8 percent) — according to shipping consultancy Drewry. SCFI (comprehensive) for week 1 2016 to week 17 2021. 29 April 2020 As a result of Covid-19, container trade volumes and container port volumes have declined over the first months of 2020. The first to publish benchmark container spot market freight rates. 97 per 40ft container this week (updated Thursday, 28 May 2020). Jan 01, 1998 · In 2019, the index averaged 823. 62. Sep 03, 2020 · Shanghai container spot rate index hits 8 year high. 37 per mile, and the lowest rates are in the Northeast, with an average of $2. Most regions witnessed a monthly increase in container port throughput index except Latin America and Asia (excl. The Cruise Ship industry has been decimated by COVID-19 as the travel industry stalled. 51%. 26 on 28 August, and representing a 54. Jul 21, 2020 · Copenhagen, 21 July 2020—Carbon dioxide emissions from 17 of the world’s leading ocean container carriers, representing approximately 85 percent of global containerized shipping, continued to fall in 2019, according to a new report from Clean Cargo, a collaborative initiative for sustainable cargo shipping managed by BSR (Business for 17. Apr 17, 2020 · The composite index decreased 1. 01. Aug 10, 2020 · In the 2nd quarter of 2020, there were 939 container ports in the world that received regular liner shipping services. 0 million TEU (7 Shipping Container Market Statistics – 2027. 3 percent from a week earlier, according to the exchange. Dec 07, 2020 · The liner shipping connectivity index (LSCI) indicates a country’s position within global liner shipping networks. 077—saw a 13% annual increase, turning in its highest reading on record. This has now been fixed and updated on 5/11/2020. 6% sequential improvement seen from Vital resource for price trends and risk management. CONTENTS ‣ I. Since then, the spot market index has fallen, down to 981. 6CBM/1900kg, transit time 41 days, USD 1,890 Jun 10, 2020 · Spot freight rates from China to the U. The Only Daily and IOSCO-compliant container freight index, ready for index-linked contracts and derivatives. For live, bookable quotes, check out Freightos. HOUSTON (ICIS)--Efforts to stop the spread of the coronavirus (Covid-19) across the globe have disrupted normal trade patterns, causing delays and contributing to higher freight rates from Asia, largely because of a shortage of shipping containers in major Jul 30, 2021 · Container Shipping Rate for 8500 TEU Vessels is at a current level of 115000. In container shipping segment, there’s no such a unified index to use thoroughly as BDI. 9 per cent of the theoretical total. 60% from last week and 351. We provide International Air shipment estimates, as well as Trucking Estimates in North America and the European Union (exclusive of the Scandinavian countries). Publication date: Thu 12 Nov 2020 Thank you Mar 27, 2020 · Drewry’s container port throughput index remained stagnant with no monthly change in January 2020. Program Description. 5%—a drastic reduction from the previous cap of 3. Includes all news stories from the Port of Los Angeles, covering a range of topics, including business, cargo, community Mar 30, 2021 · Tuesday, March 30, 2021. 5%. Supplied by major container shipping lines including Maersk, MSC, CMA CGM and COSCO. Within months, WFR will provide you direct access to a Worldwide network of Freight Forwarder companies capable of handling your every quote, schedule, and tracking need. 6 in the second week of January, up from 850. In 2019, the share rose up to 10 %. 84 per 40ft container, 309% higher than the same week in 2020. 0 last week and up from 25500. The expenditures index measures the total dollars spent on Sep 03, 2020 · Shanghai container spot rate index hits 8 year high. Sep 09, 2021 · Drewry’s composite World Container index increased by 1% or $97 to $10,083. 5%, an acceleration from the 1. You are dealing directly with the buyer/seller or businesses providing the services or solutions and not Global Freight Index (GFI). Container Vessel Shipping Efficiency Index in 2020 Source: PIERS Bill of Lading. 3 percent month on month to stand at 927. Cass Freight Index - Shipments. 00 one year ago. The ocean freight market size is dominated by the top five players, with a market share of approximately 50–60 percent of the container volume being traded across transatlantic and transpacific routes. Jan 15, 2021 · Cass Freight Index ends 2020 with solid growth The report’s December shipments reading—at 1. In the final publication of the Shanghai Containerized Freight Index (SCFI) of December 31, an astronomical 190% gain on the year was recorded in change to global ocean freight rates. Sep 22, 2020 · Chen, Y. 2021 Shanghai Containerized Freight Index Publish Final 2020 Ocean Freight Results. 9%. 5 means that more containers enter and CAx values of < 0 Nov 12, 2020 · According to the latest Shanghai Export Container Freight Index (SCFI), in trans-Pacific trade, freight rates still maintain an upward trend. Jan 04, 2021 · Shanghai Containerized Freight Index or SCFI (comprehensive), W1 2016 to W41 2020. (Export) Containerized Freight Index (CCFI) and the Shanghai Containerized Freight Index (SCFI). No matter what you’re carrying, handling, or storing for customers, or how you’re running operations, Freight2020 brings it all together for Feb 05, 2020 · Market Overview The global Container Freight Transport market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of xx% in the forecast period of 2020 to 2025 and will expected to reach USD xx million by 2025, from USD xx million in 2019. The average composite index of the WCI, assessed by Drewry for year-to-date, is $1,627 per 40ft container, which is $247 higher than the five-year average of $1,380 per 40ft container. Despite of its name’s suggestion, the index is not restricted to Baltic Sea countries. If all ports had direct services between each-other, there would be 440,391 direct port-to-port liner shipping connections. 97 loads to truck, compared to the July 18th average of 11. HOUSTON (ICIS)--Efforts to stop the spread of the coronavirus (Covid-19) across the globe have disrupted normal trade patterns, causing delays and contributing to higher freight rates from Asia, largely because of a shortage of shipping containers in major Jan 07, 2021 · The momentum that is carrying forward into 2021 also fueled the recovery in container volumes for 2020. There’re 2 types using in container shipping industry: freight rate and charter rate Container Shipping Rates Across the World. 4% increase from 24 April when the SCFI was at its lowest point this year. 2020 marks the beginning of a new era for the container shipping industry. Dec 30, 2019 · Seaborne trade in container, tonnes (m) Container trade is forecast to have increased by 2% to 1. Global Container Shipping and the Coronavirus Crisis . Efforts to improve the shipping container continued and in the 1970s, a refrigerated The Shanghai Containerized Freight Index (SCFI) spot rate for transporting one TEU from Shanghai to Europe was up 41% to USD 1,124 per container on 3 January 2020 – its highest level since The graph shows the changes in sea freight rates in 2019 and 2020. 0, up from 111000. After initially lagging behind the massive rate gains seen on the transpacific, spot rates to North Europe now Jan 04, 2021 · Shanghai Containerized Freight Index or SCFI (comprehensive), W1 2016 to W41 2020. At around the same time Desired Transport decided to move into Freight2020, CMS was preparing to launch the new Fast-Track Implementation Pathway for Freight2020 Container Freight Operations Management, enabling any new users of the popular container freight management software solution to get up-and-running with their new system much faster than would be expected for any other type of freight Jan 04, 2021 · The final Shanghai Containerized Freight Index (SCFI) for 2020, published on 31 December, recorded a staggering 190% gain on the year. Whether sending a single package, or 1,000 Nov 17, 2020 · Graphic - Container freight rates soar as consumer demand for goods booms amid lockdowns: The China to U. National reefer capacity is at 13. The growth is driven by strong intra-Asian trade but also firm growth on the main trade lanes. The Shanghai Containerized Freight Index (SCFI) improved 3. The index was set at 1,000 on Jan. When I first began planning this article, the most significant impacts of COVID-19 were primarily limited to Mainland China. Report. 66 per mile. West Coast rate FREIGHTOS-CN-USWC is up nearly 50% since July 1, to $3,878 per container The graph shows the changes in sea freight rates in 2019 and 2020. Usually, large consultant or broker companies compile their own indices. Compared to March 2020, freight rates from China to the US have surged three-fold over this year. China, the largest region Aug 10, 2020 · In the 2nd quarter of 2020, there were 939 container ports in the world that received regular liner shipping services. Several metrics or freight indices exist that can be used for benchmarking spot rates and trends in the container market, for settling container derivative contracts, and in the context of Index Linked Container Contracts (ILCCs). Jan 21, 2012 · Freight rates for exporting containers from China fluctuated at high levels in the ended o January 8 despite a slowdown in transport demand. Cruise Liner Industry. Shanghai Export Containerized Freight Index (SCFI) was officially launched as of October 16, 2009. That makes it thirteen months of an upward trend in freights exported from Valenciaport, with accumulated growth of 251. 91 last month, up from an average of 823. 34 points, the Shanghai Shipping Exchange unveiled on Friday. Feb 26, 2020 · The comprehensive Shanghai Containerized Freight Index (SCFI) rose to 1,022. This increase is necessary to continue providing a first class service in this trade, in an environment where the operating costs remain on the rise and current rates are below Please note that due to the COVID-19 pandemic we have experienced significant delays in getting data from our various data providers and have had restricted access to our own internal systems. As at 23 October 2020, we identified a minor bug in our processing of the containers data. 4% decline in 2020 Shanghai Containerized Freight Index. 53, up from 817. Subsequently to evolve into our widely referenced online Container Freight Rate Insight service. 5 means that the same amount of containers leave and enter a port in the same week. The average annual growth rate during the past five years has been 3. 33 per 40ft container. The global shipping containers market was valued at $8. Select a route to see live international freight rates, prices and trends, updated daily from the world's largest freight rate index. e. Jan 01, 1998 · The average China Containerized Freight Index (CCFI) rose 10. 6%. 17. The index reading from May nudged up 3. 8 points for 2018. Here are some examples of freight rates between China and the USA/Europe as of December 2020: LCL sea freight, Shanghai – Hamburg, 9. Nov 06, 2020 · Jason Jiang November 6, 2020. West Coast have surged to a 18-month high, according to Alphaliner. However, the index was close to three points (2. 3 at the start of December 2019. 6CBM/1900kg, transit time 41 days, USD 1,890 Apr 12, 2021 · April 12, 2021, 4:00 AM PDT. coal, iron ore, crude oil, and grain. 2 thousand twenty-foot equivalent units (TEU), which is predicted to reach 7,063. To get your credentials for the first time please go to the subscription section. 02 from the July average. Rigorous processes ensure the integrity of our data. A shipping container is a container with strength suitable to withstand shipment, storage, and handling. The average trucking rates are based on DAT iQ’s $110 billion database of actual freight payments. For container statistics, the share of unknown partner ports was 5 % in 2010, 2014 and 2017, 4 % in 2011 and 2015, 8 % in 2016 and 7 % in 2008, while it fell to about 1 % in 2012, 3 % in 2013 and was close to nil in other years. Deep dive into 10+ years of aggregated price indices and volume data. Head’s up! Pinpointing exactly how much does it cost to ship a container overseas can be quite tricky. 7% this week but, 13. 72, up 1. The World Container Index assessed by Drewry, a composite of container freight rates on 8 major routes to/from the US, Europe and Asia decreased by 1. The most significant spot rate increase on its major trade lanes was Sep 22, 2020 · Chen, Y. This index reflects the ocean freight and the associated seaborne surcharges of individual shipping routes on the spot market. The average China Containerized Freight Index (CCFI) stood at 864. 71, representing a 162% increase on the same week last year. Container freight rates have remained fairly stable because carriers have idle capacity, yet the high debt level of container carriers creates insolvency risks. Sep 15, 2021 · Reefer freight rates are averaging $3. (2020), "Analysing and forecasting China containerized freight index with a hybrid decomposition–ensemble method based on EMD, grey wave and ARMA", Grey Systems: Theory and Application, Vol. 53 in 2019, said the SSE. The market report "Container Terminal Foresight 2020" looks at the past, current and future supply and demand side of the container terminal industry and consists of 3 separate sections plus executive summary: Review of the world and seaborne trade, plus megatrends. Welcome to World Freight Rates the Number One Destination for Free, Instant, International, Container Shipping Rate Estimates. Shanghai Containerized Freight Index . 2 on 24 January 2020. Feb 05, 2020 · Market Overview The global Container Freight Transport market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of xx% in the forecast period of 2020 to 2025 and will expected to reach USD xx million by 2025, from USD xx million in 2019. Make critical business decisions with confidence. Spot rates from Shanghai to Rotterdam gained 2% or $213 to WORLD CONTAINER INDEX (WCI)3) SHANGHAI CONTAINERIZED FREIGHT INDEX (SCFI)4) 30 40 50 60 70 80 Q1 Q2 Q4 ’17 Q3 Q4 Q1 Q2 ’18 After a 6. Sep 19, 2021 · Transworld Group includes Transworld Feeders, Balaji Shipping, Shreyas Shipping Shanghai Jin Jiang Shipping includes Shanghai Hai Hua Grimaldi (Napoli) includes Atlantic Container Line, Finnlines . In other words, there’re many indices reflecting container transport market at the same time. Includes monthly container statistics and bunker fuel reports for the Port of Los Angeles. and Wang, T. 8% vs year-ago levels (Charts 1 & 2), better than last month’s -23. The Shanghai Containerized Freight Index (SCFI) is published for each of these routes, but here Dec 28, 2020 · The premier freight forecasting engine, FreightWaves SONAR, allows participants to benchmark, analyze, monitor and forecast freight demand and costs in addition to the impact on the inland freight network or get a pulse of overall economic health seen in containerized freight volumes within the Loaded TEUs indices. The expenditures index measures the total dollars spent on Dec 11, 2020 · Container freight rates from Asia continued to surge this week, reaching highs far in excess of long-term sustainable levels. Past and present capacity development and utilization. Carriers thus might enjoy a profit bonanza for at least two years. Includes upcoming events hosted by the Port of Los Angeles, LA Waterfront development information, and biweekly Currents e-newsletter. ahead-of-print No. The composite index of the Shanghai Containerized Freight Index (SCFI) jumped to its highest level since September 2012, reaching 1,263. Container shortage, lack of depot space, and schedule reliability has blown the shipping rates out of proportion. 3 – Ports and Container Shipping ‣ Country and Port Level Liner Shipping Connectivity Index Theo Notteboom, Athanasios Pallis and Jean-Paul Rodrigue (2022) Port Economics, Management and Policy , New York: Routledge, 592 pages. Jun 10, 2020 · Spot freight rates from China to the U. Nov 19, 2020 · Pandemic-induced container shortage pressures freight rates from Asia to US, LatAm. Two-year spot freight rate trend for the World Container Index can be been in the attached chart. Global container shipping throughput 2016-2020. Index performance for BDI Baltic Exchange Dry Index (BDIY) including value, chart, profile & other market data. ahead-of-print. 6% sequential improvement seen from This week’s reading for the Drewry Hong Kong-Los Angeles spot freight rate benchmark ($/40ft container), the first spot rate index tracked in the container shipping industry, broke the $4,000 threshold and reached a 15-year high of $4,081 per 40ft container – more than double the long-term average price and $1,201/FEU higher than the record The Valencia Containerised Freight Index (VCFI) for the month of August stands at 3,513. Note The SCFI moves up and down based on weekly spot rates of the Shanghai export container transport market based on data compiled from 15 different shipping routes. Today’s Shanghai Containerized Freight Index (SCFI) cumulative reading hit a new record of 2,311. Jul 30, 2021 · Container Shipping Rate for 8500 TEU Vessels is at a current level of 115000. , Liu, B. All domestic modes are included, with truckload moves accounting for more than 50% of shipments and LTL about 25%. This is a change of 3. Container Index at all-time high Surging container freight rates toward end-2020 - on the heels of a bullish run-up since Q2 - is having a ripple effect in commodity markets. PORTS & MARITIME SHIPPING ‣ Chapter 1. 74% since the start of the series in 2018. 0% CAGR during 2020-2030 (forecast period Sep 28, 2020 · General rate increase: USD 300 per 20’ container & USD 600 per 40’ container Thus all cargo gated in from the 1st of September will have the GRI applicable. CAx values of > 0. A report to Congress summarizing information from this program is compiled and published annually, and we Jan 08, 2020 · The key pricing theme of 2020 is the impact of the IMO-2020 low-sulfur regulation, which will increase the fuel portion of freight rates by 30%+. 3 thousand TEUs by 2030, at an 8. Drewry’s composite World Container index increased 9. 8% or $489 to $5,472. DAT Trendlines is a free weekly spot market freight report, providing an overview of national freight market trends. The current supply-demand imbalance in the industry needs to be considered to manage the capacity Baltic Dry Index (BDI) Baltic dry index, or BDI for short, is a number issued daily by the London-based Baltic Exchange to measure the rates charged for chartering the giant ships that carry major raw materials, i. This is the 21st consecutive week of increases. Jul 20, 2021 · HOUSTON (ICIS)--Shipping container rates have spiked by as much as three or four times since the onset of the pandemic and are likely to remain elevated beyond the Lunar New Year in 2022 as the global demand for goods continues to outpace available capacity. Asia to Mediterranean rates also saw a big spike, 266%, to take the SCFI Mar 30, 2021 · Tuesday, March 30, 2021. In 2020, growth is projected to 4. It is calculated from the number of ship calls, their container carrying capacity, the number of services and companies, the size of the largest ship, and the number of other countries connected through direct liner shipping services. SCFIS uses the rates used for settlement May 06, 2021 · The average composite index of the WCI, assessed by Drewry for year-to-date, is $5,110 per 40ft container, which is $3,272 higher than the five-year average of $1,838 per 40ft container.