• FBX
  • -
  • $2623.6
  • -8.52%
  • FBX01
  • -
  • $3727.8
  • -12.16%
  • FBX02
  • -
  • $366.8
  • 2.98%
  • FBX03
  • -
  • $5283.8
  • -10.07%
  • FBX04
  • -
  • $774.2
  • 14.02%
  • FBX11
  • -
  • $3188.8
  • -17.63%
  • FBX12
  • -
  • $741.6
  • -0.99%
  • FBX13
  • -
  • $4532
  • 9.08%
  • FBX14
  • -
  • $835.8
  • -0.69%
  • FBX21
  • -
  • $468
  • 12.18%
  • FBX22
  • -
  • $1658.6
  • -0.74%
  • FBX24
  • -
  • $568.6
  • 3.38%
  • FBX26
  • -
  • $1703.4
  • 1.02%

Global Freight Pricing & Market Rate Intelligence Trends

FBX01: CHINA/EAST ASIA TO NORTH AMERICA WEST COAST

The FBX01 global ocean freight container pricing index measures 40′ container prices across key port pairs from China and East Asia to North America’s West Coast. 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 Los Angeles (LAX) and Chicago (ORD) in the United States.

This is one of the key trade lanes for global trade, with billions of dollars worth of trade flowing across the Pacific. Common goods shipped on this trade lane include electronics, apparel, furniture, toys, and machinery.

Used by 40,000+ supply chain professionals
FBX01
China/East Asia to North America West Coast

Current FBX

$3,727.80

Volatility

1.89 %

Freightos terminal is relied on by logistics professionals at companies like

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China to US West Coast recent shipping events: congestion, labor strikes, & more

  • Holiday
    Low
    March 1, 2024

    Public holiday Independence Movement Day in Korea.

  • Market Changes
    Medium
    March 1, 2024

    While Maersk uses land transport to bypass Panama Canal restrictions, other liner operators find it too expensive as it increases costs by more than 30%.

  • Market Changes
    Medium
    March 1, 2024

    Lack of uniformity among US states in permitting and regulations for oversize cargo transportation creates challenges for heavy-haul truckers, with calls for better harmonization and automation of permitting processes.

View more key events

Estimated average transit time from China to West Coast US

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Frequently Asked Questions

Which ports are included in FBX01?

China/East Asia Ports: North America West Coast Ports:
CNNGB – Ningbo
CNSHA – Shanghai
CNYTN – Yantian
HKHKG – Hong Kong
JPUKB – Kobe
KRPUS – Busan S. Korea
SGSIN – Singapore
TWKHH – Kaohsiung Taiwan
VNVUT – Vung Tau
CAVAN – Vancouver
USLAX – Los Angeles
USLGB – Long Beach
USOAK – Oakland
USSEA – Seattle
USTIW – Tacoma

How is FBX01 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.

Can I source FBX01 data?

FBX data is available to subscribers on the Freightos website and via Thomson Reuters Eikon or Bloomberg screens. 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.