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
RISES : The Oct . 31 , 2024 , spot rate from Shanghai to Rotterdam was $ 3,396 per FEU , up $ 264 ( 8.4 %) from the previous week . The rate was up $ 2,392 ( 238.2 %) year over year and $ 1,729 ( 103.7 %) from year-end 2023 .
$ 15,000
$ 12,000
$ 9000
$ 6000
$ 3000
High : $ 14,807 10 / 07 / 2021 Low : $ 313 03 / 24 / 2016
$ 0 06 / 23 / 2011
10 / 31 / 2024
Shanghai to Los Angeles Rate
CREEPS HIGHER : The Oct . 31 , 2024 , spot rate from Shanghai to Los Angeles was $ 4,839 per FEU , up $ 25 ( 0.5 %) from the previous week . The rate was up $ 2,878 ( 146.8 %) year over year and $ 2,739 ( 130.4 %) 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
10 / 31 / 2024
Rotterdam to New York Rate
TICKS UP : The Oct . 31 , 2024 , spot rate from Rotterdam to New York was $ 2,664 per FEU , up $ 1 ( 0.0 %) from the previous week . The rate was up $ 1,146 ( 75.5 %) year over year and $ 1,184 ( 80.0 %) from yearend 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
10 / 31 / 2024
New York to Rotterdam Rate
SLIPS : The Oct . 31 , 2024 , spot rate from New York to Rotterdam was $ 760 per FEU , down $ 1 ( 0.1 %) from the previous week . The rate was up $ 51 ( 7.2 %) year over year and $ 168 ( 28.4 %) from year-end 2023 .
$ 3,000
$ 2,400
$ 1,800
$ 1,200
High : $ 2,141 07 / 14 / 2011 Low : $ 442 07 / 28 / 2016
$ 600
$ 0 06 / 23 / 2011
10 / 31 / 2024
Los Angeles to Shanghai Rate
INCHES UP : The Oct . 31 , 2024 , spot rate from Los Angeles to Shanghai was $ 718 per FEU , up $ 8 ( 1.1 %) from the previous week . The rate was down $ 88 ( 10.9 %) year over year but up $ 56 ( 7.2 %) from year-end 2023 .
$ 1500
$ 1200
$ 900
$ 600
$ 300
High : $ 1,479 08 / 05 / 2021 Low : $ 336 01 / 14 / 2016
$ 0 06 / 23 / 2011
10 / 31 / 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 November 18 , 2024 | Journal of Commerce 43