June 2, 2025 | Page 58

On Gateway
By the Numbers
An extensive, multi-channel, interactive freight shipping dashboard can be found at https:// www. joc. com / gateway / about
LA-LB rail fluidity improves ahead of anticipated import rush
Los Angeles-Long Beach truck and rail dwell times( PMSA)
10 9
8 7 106 5 4 3 2
L Jul Jan 2024 Mar, 2024 Jul
Jan 2025 Local container dwell time Rail container dwell time
Days
Source: Pacific Merchant Shipping Association © 2025 S & P Global
L
On Gateway
Anticipating a surge in imports to the US West Coast starting in June, BNSF Railway and Union Pacific Railroad are ensuring they have sufficient staff, locomotives and equipment at critical terminals across the US. The Class I railroads have improved rail flow in Southern California in recent months, according to a key barometer measuring average dwell times that is collected by the Pacific Merchant Shipping Association and displayed on Gateway.
Gateway is an online shipping dashboard of more than 140 continuously updated charts from S & P Global and identified external data sources organized by trade lane, mode and topic. https:// www. joc. com / gateway
DAT spot rates experience significant monthly surge
Weekly spot truckload rates per mile excluding fuel surcharges. The DAT Freight and Analytics average US truckload spot rate was $ 1.57 per mile in the week of April 26, 2025, up from $ 1.56 per mile in the previous week but down from $ 1.59 per mile in the week of April 12.
$ 1. 9 0
$ 1. 85
$ 1. 80
$ 1. 75 $ 1. 70 $ 1. 65 $ 1. 60 $ 1. 55 $ 1. 50
08-J u n-24
06-J u n-24
03-A u g-24
3 1-A u g-24
28-Sep-24
26-O ct-24
23-N ov-24
21-D ec-24
18-J an-25
15-F eb-25
15-M ar-25
U p 1. 9 % f rom A p ril 2024
12-A p r-25
10-M ay-25
Source: DAT Solutions © 2025 S & P Global
Xeneta Asia to US West Coast short and long-term rates
Xeneta aggregates freight rates for both short-term contracts valid for less than 32 days and long-term contract that are valid for 87 days or more. Terminal Handling Charges( THCs) are excluded. The May 15, 2025, average spot rate from Asia to the US West Coast was $ 2,072 per FEU, steady from the previous week. Pricing in long-term contracts signed in the last three months declined 0.1 % to $ 1,621 per FEU, while overall long-term contract rates slipped 0.3 % to $ 1,788 per FEU.
Short-term rates Contract rates signed in last three months
Contract rates
USD per FEU
$ 10,000 $ 8,000 $ 6,000 $ 4,000 $ 2,000
$ 0 01 / 07 / 2021
05 / 15 / 2025
Xeneta’ s ocean freight spot and contract pricing benchmarks gather over 10 million rates monthly from large volume global shippers and forwarders. Before releasing any market information, a minimum of five daily rates per route, per equipment type is required.
58 Journal of Commerce | June 2, 2025 www. joc. com