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Global Freight Pricing
& Market Rate Intelligence Trends
Europe to South America, East Coast
The FBX24 global ocean freight container pricing index measures 40′ container prices across key port pairs from Europe to the South American East Coast. This index is created and maintained in collaboration with the Baltic Exchange. Key ports in the index include London Gateway (LGP) and Hamburg (HAM) in Europe and Buenos Aires (BUE) and Montevideo (MVD) in the South America East Coast.
FBX24
Europe to South America East Coast
Trusted by Leading
Supply Chain Experts
EUROPE TO SOUTH AMERICA EAST COAST FREIGHT INDUSTRY RATES & NEWS
Recent Shipping Events: Congestion, Labor, Strikes & More
For the Europe to South America East Coast (FBX24) 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 ChangesMediumFebruary 5, 2026
Maersk reported a $153 million quarterly loss for its ocean segment as a 23% drop in freight rates outweighed volume growth, prompting a 1,000-person headcount reduction and a major restructuring of its "integrator" strategy into three distinct business units.
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Market ChangesHighFebruary 3, 2026
Check out this week's update from Freightos, with the latest on weather disruptions, and trade war developments.
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Red SeaHighFebruary 3, 2026
Starting mid-February 2026, Maersk and Hapag-Lloyd will reroute the ME11 service through the Red Sea and Suez Canal, with the AE12 and AE15 services planned to follow at a later date.
Estimated Average Transit Time From Europe to South America East Coast
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Frequently Asked Questions About FBX24
Which ports are included in FBX24?
Europe Ports:
BEANR – Antwerp
DEBRV – Bremerhaven
DEHAM – Hamburg
ESALG – Algeciras
FRLEH – Le Havre
GBLGP – London Gateway
NLRTM – Rotterdam
South American East Coast Ports:
ARBUE – Buenos Aires
BRPNG – Paranaguá
BRSSZ – Santos
COCTG – Cartagena
PAMIT – Manzanillo
UYMVD – Montevideo
BEANR – Antwerp
DEBRV – Bremerhaven
DEHAM – Hamburg
ESALG – Algeciras
FRLEH – Le Havre
GBLGP – London Gateway
NLRTM – Rotterdam
South American East Coast Ports:
ARBUE – Buenos Aires
BRPNG – Paranaguá
BRSSZ – Santos
COCTG – Cartagena
PAMIT – Manzanillo
UYMVD – Montevideo
How is FBX24 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 FBX24 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.