Freightos Baltic Indexes (FBX)

This set of international freight rate indexes provide live international freight prices and trends from the world’s largest freight rate database, providing instant freight rate indexes across world’s largest ocean freight container shipping lanes.

Select a shipping route below to see freight trends updated on a weekly basis, or download the data and charts by clicking in the corner of each graph.

Visit the Freightos Marketplace to request freight quotes or see per-carrier breakdowns here.

  • FBX - Global Container Index
  • FBX01 - China/East Asia to North America West Coast
  • FBX02 - North America West Coast to China/East Asia
  • FBX03 - China/East Asia to North America East Coast
  • FBX04 - North America East Coast to China/East Asia
  • FBX11 - China/East Asia to North Europe
  • FBX12 - North Europe to China/East Asia
  • FBX13 - China/East Asia to Mediterranean
  • FBX14 - Mediterranean to China/East Asia
  • FBX21 - North America East Coast to Europe
  • FBX22 - North America East Coast China/East Asia
  • FBX24 - Europe to South America East Coast
  • FBX26 - Europe to South America West Coast
Door to door price estimates
Weekly prices
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About the Freightos Baltic Indexes (FBX)

What Data Do The Freightos Baltic Indexes Use?

Unlike other freight indexes, FBX are based on aggregated and anonymized real-time business data from global freight carriers, freight forwarders, and shippers that use the Freightos AcceleRate freight rate management platform. That’s why we believe our freight index to be the most accurate real-time representation of market rates available.

Which Ports Represent Each Region?

This is a weighted average of the 12 underlying route indexes (includes backhaul for all lanes except for the two South American lanes). It is anticipated that this index might set the stage for future derivative financial instruments in the same way that the Baltic Index has.

China / East Asia (CEA)

CNSHA – Port of Shanghai
CNNGB – Port of Ningbo
HKHKG – Port of Hong Kong
CNSZX – Port of Shenzhen
CNCAN – Port of Guangzhou
TWKHH – Port of Kaohsiung
JPTYO – Port of Tokyo
KRPUS – Port of Busan

North America West Coast (NAW)

USLGB – Port of Long Beach
USLAX – Port of Los Angeles
USTIW – Port of Tacoma
USSEA – Port of Seattle
USOAK – Port of Oakland
CAVAN – Port of Vancouver

North America East Coast (NAE)

USEWR – Port of Newark
USNYC – Port of New York
USSAV – Port of Savanna
USCHS – Port of Charleston
CAMTR – Port of Montreal

North Europe (EUR)

DEHAM – Port of Hamburg
NLRTM – Port of Rotterdam
GBFXT – Port of Felixstow
FRLEH – Port of Le Havre
DEBRE – Port of Bremen
BEANR – Port of Antwerp
GBSOU – Port of Southampton<

Mediterranean (MED)

ESVLC – Port of Valencia
ESALG – Port of Algeciras
ESBCN – Port of Barcelona
EGPSD – Port of Port Said
GRPIR – Port of Piraeus
TRAMB – Port of Ambarli
MTMAR – Port of Malta Freeport
ITGIT – Port of Gioia Tauro
ITGOA – Port of Genova<
ILASH – Port of Ashdod

South America East Coast (SAE)

BRSSZ – Port of Santos
ARBUE – Port of Buenos Aires
UYMVD – Port of Montevideo
BRPNG – Port of Paranagua

South America West Coast (SAW)

PECLL – Port of Callao
ECGYE – Port of Guayaquil
CLSAI – Port of San Antonio

How Is Freightos Baltic Index Data 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. FBX index prices are published on Sundays for the prior week (Sunday through Saturday).

How Is This Better Than The Shanghai Containerized Freight Index?

The Shanghai Containerized Freight Index (SCFI) was created by the Chinese government in 2005 in order to improve logistics market efficiency. Operated by the Shanghai Shipping Exchange, the SCFI is an accessible benchmark to help both buyers and sellers easily see where market rates are currently located. As of 2010, oversight of the accuracy of the SCFI is provided by KPMG.

The SCFI relies on baskets of reported spot rates for export from Shanghai to 15 ports around the world. These rates include port-to-port charges and associated ocean surcharges, reported by the SCFI panelists, 20 carriers and 17 shippers or forwarders.

Spot rates, representing some 25% of global bookings, are more volatile than contracted rates. That said, the industry does appear to be moving towards shorter contracts, together with an uptick in spot rates.

FBX differs from the SCFI in a number of core respects:
* The data is aggregated and anonymized from live business databases with tens of millions of price points updated on a weekly basis.
* Freightos vast database provides more data points, enabling higher accuracy.
* FBX coverage includes core routes other than those coming from China.
* It’s absolutely free.

Why Does Freightos Provide The Freightos Baltic Index For Free?

While the annual cost/seat for most freight indexes is in the thousands of dollars, we’ve opted to release the data into the wild.

Freightos passionately believes that transparency empowers the global logistics industry, and created FBX to help make the market more efficient.

Can I Source Freightos Baltic Index Data?

FBX data is available to subscribers on the Baltic Exchange website, via the Freightos website and on Thomson Reuters Eikon screens. It is also updated weekly on the JOC’s Market Data portal, is pulled weekly into TI Insight’s GSCi market intelligence platform and is about to go live in Bloomberg.

As well as viewing charts, you can download csv files or png charts. Usage of index data is permitted but requires attribution of the data to the Freightos Baltic Index. When using FBX charts or graphs, a link to the index is required as well. If you are a journalist, analyst or armchair logistics buff, contact Freightos if you’re interested in a CSV version of data.

What Shipping Modes Are Covered?

While the Freightos Marketplace and Freightos freight rate calculator includes door-to-door estimates for both air and ocean, FBX currently only provides indexes for ocean freight. Air freight rate indexes will be added in the near future.