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
SLIDES : The Aug . 22 , 2024 , spot rate from Shanghai to Rotterdam was $ 7,429 per FEU , down $ 327 ( 4.2 %) from the previous week . Even so , the rate was up $ 5,661 ( 320.2 %) year over year and $ 5,762 ( 345.7 %) 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
08 / 22 / 2024
Shanghai to Los Angeles Rate
TICKS UP : The Aug . 22 , 2024 , spot rate from Shanghai to Los Angeles was $ 6,401 per FEU , up $ 98 ( 1.6 %) from the previous week , $ 4,040 ( 171.1 %) year over year and $ 4,301 ( 204.8 %) from year-end 2023 .
$ 15,000
$ 12,000
$ 9,000
$ 6,000
High : $ 12,424 09 / 16 / 2021 Low : $ 754 04 / 28 / 2016
$ 3,000
$ 0 06 / 23 / 2011
08 / 22 / 2024
Rotterdam to New York Rate
SLIPS : The Aug . 22 , 2024 , spot rate from Rotterdam to New York was $ 1,934 per FEU , down $ 27 ( 1.4 %) from the previous week but up $ 357 ( 22.6 %) year over year and $ 454 ( 30.7 %) 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
08 / 22 / 2024
New York to Rotterdam Rate
CREEPS DOWN : The Aug . 22 , 2024 , spot rate from New York to Rotterdam was $ 759 per FEU , down $ 3 ( 0.4 %) from the previous week , $ 39 ( 4.9 %) year over year , and $ 167 ( 28.2 %) 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
08 / 22 / 2024
Los Angeles to Shanghai Rate
INCHES HIGHER : The Aug . 22 , 2024 , spot rate from Los Angeles to Shanghai was $ 710 per FEU , up $ 3 ( 0.4 %) from the previous week . The rate was down $ 133 ( 15.8 %) year over year and $ 64 ( 8.3 %) 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
08 / 22 / 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 September 9 , 2024 | Journal of Commerce 59