• FBX
  • -
  • $3311.6
  • -3.61%
  • FBX01
  • -
  • $4763.2
  • -2.87%
  • FBX02
  • -
  • $428
  • -2.37%
  • FBX03
  • -
  • $6398.2
  • -3.87%
  • FBX04
  • -
  • $432.4
  • 3.44%
  • FBX11
  • -
  • $3162
  • -6.63%
  • FBX12
  • -
  • $426
  • -2.74%
  • FBX13
  • -
  • $4447.6
  • -2.22%
  • FBX14
  • -
  • $480
  • 0%
  • FBX21
  • -
  • $621.8
  • -3.03%
  • FBX22
  • -
  • $2130
  • 0%
  • FBX24
  • -
  • $765
  • 0%
  • FBX26
  • -
  • $2278.6
  • 7.09%

Global Freight Pricing & Market Rate Intelligence Trends

CHINA/EAST ASIA TO NORTH AMERICA EAST COAST

The FBX03 global ocean freight container pricing index measures 40′ container prices across key port pairs from China or East Asia to North America’s East Coast. This index is created and maintained in collaboration with the Baltic Exchange. Key ports in the index include New York (NYC) and Houston (HOU) in the United States and Shanghai (PVG) and Ningbo (NGB) in China.

FBX03
China/East Asia to North America East Coast

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China/East Asia to US East Coast recent shipping events: congestion, labor strikes, & more

  • Regulation / Policy Change
    High
    February 3, 2025

    The US Commerce Secretary nominee Lutnick says this week's tariffs are action-oriented, aimed at reducing fentanyl imports and illegal immigration, and that ordinary tariffs - possibly including the proposed 60% China tariff - will only proceed after the trade reports and recommendations Trump requested to have from federal agencies by the end of April.

  • Capacity Trends
    Medium
    February 1, 2025

    Maersk has launched the Gemini Cooperation within its East-West service network, aiming to improve reliability, connectivity, and sustainability.

  • Regulation / Policy Change
    High
    February 1, 2025

    President Trump signed executive orders applying 25% tariffs on Mexico and Canada, a 10% tariff on all goods from China and suspended de minimis eligibilty for all imports from these countries in response to illegal drugs and immigrants entering the US from these countries.

View more key events

Estimated average transit time from China/East Asia to East Coast US

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Frequently Asked Questions

Which ports are included in FBX03?

China/East Asia Ports: North American East Coast ports:
CNNGB – Ningbo
CNSHA – Shanghai
CNYTN – Yantian
HKHKG – Hong Kong
JPUKB – Kobe
KRPUS – Busan S. Korea
SGSIN – Singapore
TWKHH – Kaohsiung Taiwan
VNVUT – Vung Tau
USBAL – Baltimore
USCHS – Charleston
USEWR – Newark
USHOU – Houston
USNYC – New York
USORF – Norfolk/Virginia
USSAV – Savannah

How is FBX03 calculated?

Prices used in the index are rolling short term Freight All Kind (FAK) spot tariffs and related surcharges between carriers, freight forwarders and high-volume shippers. Index values are calculated by taking the median price for all prices (to ignore the influence of outliers on active lanes) with weighting by carrier. 50 to 70 million price points are collected every month. The daily freight rate index is published in a “sliding window” containing the relevant data that are effective and not expired from 00:00 UTC on the day before publication to 24:00 UTC on the day of publication, meaning 48 hours in total starting from 00:00 yesterday. Only rates created or modified within the last 3 months and valid during those 48 hours will be included (in practice on most trade lanes rates are volatile and almost all rates are much newer than 3 months). Rates are calculated at 06:00 UTC and published at 14:00 UTC. The weekly freight index is calculated as an average of the five business days from the same week and published each Friday.

Can I source FBX03 data?

FBX data is available to subscribers on the Freightos website and via Thomson Reuters Eikon or Bloomberg screens. It is also updated weekly on the JOC’s Market Data portal, pulled weekly into TI Insight’s GSCi market intelligence platform. Besides viewing charts, you can download csv files or png charts. If you are a journalist, analyst, or armchair logistics buff, contact [email protected] if you’re interested in a CSV version of data.