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
CONTINUE TO RISE : The June 13 , 2024 , spot rate from Shanghai to Rotterdam was $ 6,177 per FEU , up $ 145 ( 2.4 %) from the previous week . The rate was up $ 4,725 ( 325.4 %) year over year and $ 4,510 ( 270.5 %) from year-end 2023 .
$ 15,000
$ 12,000
$ 9,000
$ 6,000
$ 3,000
High : $ 14,807 10 / 07 / 2021 Low : $ 313 03 / 24 / 2016
$ 0 06 / 23 / 2011
06 / 13 / 2024
Shanghai to Los Angeles Rate
TICKS UP : The June 13 , 2024 , spot rate from Shanghai to Los Angeles was $ 6,025 per FEU , up $ 50 ( 0.8 %) from the previous week . The rate was up $ 4,129 ( 217.8 %) year over year and $ 3,925 ( 186.9 %) from year-end 2023 .
$ 15,000
$ 12,000
$ 9,000
$ 6,000
$ 3,000
High : $ 12,424 09 / 16 / 2021 Low : $ 754 04 / 28 / 2016
$ 0 06 / 23 / 2011
06 / 13 / 2024
Rotterdam to New York Rate
CREEPS DOWN : The June 13 , 2024 , spot rate from Rotterdam to New York was $ 2,118 per FEU , down $ 18 ( 0.8 %) from the previous week . The rate was down $ 1,257 ( 37.2 %) year over year but up $ 638 ( 43.1 %) from year-end 2023 .
$ 9,000 $ 7,500 $ 6,000 $ 4,500 $ 3,000 $ 1,500
High : $ 7,426 11 / 03 / 2022 Low : $ 1,480 12 / 21 / 2023
$ 0 06 / 23 / 2011
06 / 13 / 2024
New York to Rotterdam Rate
INCHES HIGHER : The June 13 , 2024 , spot rate from New York to Rotterdam was $ 640 per FEU , up $ 14 ( 2.2 %) from the previous week . The rate was down $ 154 ( 19.4 %) year over year but up $ 48 ( 8.1 %) from year-end 2023 .
$, 3000
$, 2400
$ 1,800
$ 1,200
$ 600
High : $ 2,141 07 / 14 / 2011 Low : $ 442 07 / 28 / 2016
$ 0 06 / 23 / 2011
06 / 13 / 2024
Los Angeles to Shanghai Rate
SLIPS SLIGHTLY : The June 13 , 2024 , spot rate from Los Angeles to Shanghai was $ 693 per FEU , down $ 2 ( 0.3 %) from the previous week . The rate was down $ 329 ( 32.2 %) year over year and $ 81 ( 10.5 %) from year-end 2023 .
$ 1,500
$ 1,200
$ 900
$ 600
$ 300
High : $ 1,479 08 / 05 / 2021 Low : $ 336 01 / 14 / 2016
$ 0 06 / 23 / 2011
06 / 13 / 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 July 1 , 2024 | Journal of Commerce 43