By the Numbers
World Container Index assessed by Drewry
The rate assessment is published by the World Container Index assessed by Drewry and includes the base ocean rate , the fuel surcharge and all other surcharges , but not the Terminal Handling Charge at the destination .
Shanghai to Rotterdam Rate
CONTINUES TO RISE : The Jan . 25 , 2024 , spot rate from Shanghai to Rotterdam was $ 4,984 per FEU , up $ 33 ( 0.7 %) from the previous week . The rate was up $ 3,176 ( 175.7 %) year over year and $ 3,317 ( 199.0 %) from year-end 2023 .
$ 15000
$ 12000
$ 9000
$ 6000
$ 3000
High : $ 14,807 10 / 07 / 2021 Low : $ 313 03 / 24 / 2016
$ 0 06 / 23 / 2011
01 / 25 / 2024
Shanghai to Los Angeles Rate
MAKES GAINS : The Jan . 25 , 2024 , spot rate from Shanghai to Los Angeles was $ 4,344 per FEU , up $ 484 ( 12.5 %) from the previous week . The rate was up $ 2,294 ( 111.9 %) year over year and $ 2,244 ( 106.9 %) from year-end 2023 .
$ 15000
$ 12000
$ 9000
$ 6000
$ 3000
High : $ 12,424 09 / 16 / 2021 Low : $ 754 04 / 28 / 2016
$ 0 06 / 23 / 2011
01 / 25 / 2024
Rotterdam to New York Rate
INCHES HIGHER : The Jan . 25 , 2024 , spot rate from Rotterdam to New York was $ 1,576 per FEU , up $ 70 ( 4.6 %) from the previous week . The rate was down $ 4,720 ( 75.0 %) year over year and up $ 96 ( 6.5 %) from year-end 2023 .
$ 9000 $ 7500 $ 6000 $ 4500 $ 3000 $ 1500
High : $ 7,426 11 / 03 / 2022 Low : $ 1,480 12 / 21 / 2023
$ 0 06 / 23 / 2011
01 / 25 / 2024
New York to Rotterdam Rate
CREEPS UP : The Jan . 25 , 2024 , spot rate from New York to Rotterdam was $ 615 per FEU , up $ 7 ( 1.2 %) from the previous week . The rate was down $ 596 ( 49.2 %) year over year but up $ 23 ( 3.9 %) from year-end 2023 .
$ 3000
$ 2400
$ 1800
$ 1200
$ 600
High : $ 2,141 07 / 14 / 2021 Low : $ 442 07 / 28 / 2016
$ 0 06 / 23 / 2011
01 / 25 / 2024
Los Angeles to Shanghai Rate
HOLDS STEADY : The Jan . 25 , 2024 , spot rate from Los Angeles to Shanghai was $ 762 per FEU , remaining flat from the previous week . The rate was down $ 375 ( 33 %) year over year and $ 12 ( 1.6 %) from year-end 2023 .
$ 1500
$ 1200
$ 900
$ 600
$ 300
High : $ 1,479 08 / 05 / 2021 Low : $ 336 01 / 14 / 2016
$ 0 06 / 23 / 2011
01 / 25 / 2024
Drewry ( www . drewry . co . uk ) is a consulting firm specializing in international maritime transport , providing bid administration support , benchmarking , best practices , fuel programs , market research , technology and procurement advice .
www . joc . com February 12 , 2024 | Journal of Commerce 43