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Global Freight Pricing
& Market Rate Intelligence Trends
North America, East Coast to China, East Asia
The FBX04 global ocean freight container pricing index measures 40′ container prices across key port pairs from North America’s East Coast to China or East Asia. This index is created and maintained in collaboration with the Baltic Exchange. Key ports in the index include Shanghai (PVG) and Ningbo (NGB) in China and New York (NYC) and Houston (HOU) in the United States.
FBX04
North America East Coast to China, East Asia
Trusted by Leading
Supply Chain Experts
us EAST COAST TO CHINA, EAST ASIA FREIGHT INDUSTRY RATES & NEWS
Recent Shipping Events: Congestion, Labor, Strikes & More
For the North America East Coast to China, East Asia (FBX04) shipping route, smart ocean decisions take more than price and transit time. Freightos Terminal’s key event feed keeps you ahead of congestion, weather, holidays, labor actions, and more – strengthening long-term planning and real-time response across your organization.
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Market ChangesMediumApril 2, 2026
The major global container shipping lines reported a combined EBIT of USD 15.4bn for 2025, a significant decline from USD 35.4bn in 2024 but still above pre-pandemic levels. All carriers remained profitable with COSCO leading at USD 4.93bn EBIT. EBIT per TEU fell year-over-year across all carriers, with ONE experiencing the sharpest drop. Despite the downturn, several carriers recorded EBIT/TEU higher than any year from 2010-2019, indicating a soft landing rather than a crash.
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SurchargeMediumApril 1, 2026
Freight forwarders have condemned major container lines for "egregious" and non-standardized war-risk surcharges that can exceed base freight rates while offering shippers zero additional cargo protection or specialized insurance.
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Fuel PricesHighApril 1, 2026
The International Energy Agency projects that global oil supply disruptions due to the Iran conflict will double in impact from March to April, primarily driven by Iran's effective closure of the Strait of Hormuz, a critical global energy shipping route. US President Trump indicated a potential imminent end to US involvement in the Iran conflict, while escalating threats to leave NATO if European support does not materialize. These geopolitical tensions have caused significant energy supply concerns affecting multiple trade lanes and regions, with jet fuel and diesel shortages expected to extend from Asia to Europe.
Estimated Average Transit Time From East Coast US to China, East Asia
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Frequently Asked Questions About FBX04
Which ports are included in FBX04?
North American East Coast Ports:
USBAL – Baltimore
USCHS – Charleston
USEWR – Newark
USHOU – Houston
USNYC – New York
USORF – Norfolk/Virginia
USSAV – Savannah
China, East Asia Ports:
CNNGB – Ningbo
CNSHA – Shanghai
CNYTN – Yantian
HKHKG – Hong Kong
JPUKB – Kobe
KRPUS – Busan S. Korea
SGSIN – Singapore
TWKHH – Kaohsiung Taiwan
VNVUT – Vung Tau
USBAL – Baltimore
USCHS – Charleston
USEWR – Newark
USHOU – Houston
USNYC – New York
USORF – Norfolk/Virginia
USSAV – Savannah
China, East Asia Ports:
CNNGB – Ningbo
CNSHA – Shanghai
CNYTN – Yantian
HKHKG – Hong Kong
JPUKB – Kobe
KRPUS – Busan S. Korea
SGSIN – Singapore
TWKHH – Kaohsiung Taiwan
VNVUT – Vung Tau
How is FBX04 calculated?
Prices used in the index are rolling short term Freight All Kind (FAK) spot tariffs and related surcharges between carriers, freight forwarders and high-volume shippers. Index values are calculated by taking the median price for all prices (to ignore the influence of outliers on active lanes) with weighting by carrier. 50 to 70 million price points are collected every month. The daily freight rate index is published in a “sliding window” containing the relevant data that are effective and not expired from 00:00 UTC on the day before publication to 24:00 UTC on the day of publication, meaning 48 hours in total starting from 00:00 yesterday. Only rates created or modified within the last 3 months and valid during those 48 hours will be included (in practice on most trade lanes rates are volatile and almost all rates are much newer than 3 months). Rates are calculated at 06:00 UTC and published at 14:00 UTC. The weekly freight index is calculated as an average of the five business days from the same week and published each Friday.
Which other trade lanes does FBX cover?
There are twelve trade lanes covered by the Freightos Baltic Index.
They are:
– FBX 01 CHINA/EAST ASIA TO NORTH AMERICA WEST COAST
– FBX 02 NORTH AMERICA WEST COAST – CHINA/EAST ASIA
– FBX 03 CHINA/EAST ASIA TO NORTH AMERICA EAST COAST
– FBX 04 NORTH AMERICA EAST COAST – CHINA/EAST ASIA
– FBX 11 CHINA/EAST ASIA TO NORTH EUROPE
– FBX 12 NORTH EUROPE – CHINA/EAST ASIA
– FBX 13 CHINA/EAST ASIA TO MEDITERRANEAN
– FBX 14 MEDITERRANEAN TO CHINA/EAST ASIA
– FBX 21 NORTH AMERICA EAST COAST TO NORTH EUROPE
– FBX 22 NORTH EUROPE – NORTH AMERICA EAST COAST
– FBX 24 EUROPE – SOUTH AMERICA EAST COAST
– FBX 26 EUROPE – SOUTH AMERICA WEST COAST
They are:
– FBX 01 CHINA/EAST ASIA TO NORTH AMERICA WEST COAST
– FBX 02 NORTH AMERICA WEST COAST – CHINA/EAST ASIA
– FBX 03 CHINA/EAST ASIA TO NORTH AMERICA EAST COAST
– FBX 04 NORTH AMERICA EAST COAST – CHINA/EAST ASIA
– FBX 11 CHINA/EAST ASIA TO NORTH EUROPE
– FBX 12 NORTH EUROPE – CHINA/EAST ASIA
– FBX 13 CHINA/EAST ASIA TO MEDITERRANEAN
– FBX 14 MEDITERRANEAN TO CHINA/EAST ASIA
– FBX 21 NORTH AMERICA EAST COAST TO NORTH EUROPE
– FBX 22 NORTH EUROPE – NORTH AMERICA EAST COAST
– FBX 24 EUROPE – SOUTH AMERICA EAST COAST
– FBX 26 EUROPE – SOUTH AMERICA WEST COAST
Can I source FBX04 data?
FBX data is available to subscribers on the Freightos website and via Thomson Reuters Eikon screen. It is also updated weekly on the JOC’s Market Data portal, pulled weekly into TI Insight’s GSCi market intelligence platform. Besides viewing charts, you can download csv files or png charts. If you are a journalist, analyst, or armchair logistics buff, contact [email protected] if you’re interested in a CSV version of data.