• FBX
  • -
  • $3423
  • 0.89%
  • FBX01
  • -
  • $4889.2
  • 0.61%
  • FBX02
  • -
  • $414.8
  • 6.91%
  • FBX03
  • -
  • $6763.8
  • 2.66%
  • FBX04
  • -
  • $638
  • 4.93%
  • FBX11
  • -
  • $4587
  • -2.34%
  • FBX12
  • -
  • $960.2
  • 3.54%
  • FBX13
  • -
  • $5802.4
  • 0.77%
  • FBX14
  • -
  • $1243.2
  • 0.11%
  • FBX21
  • -
  • $537
  • 0.9%
  • FBX22
  • -
  • $1723.6
  • 16.51%
  • FBX24
  • -
  • $791.2
  • -5.49%
  • FBX26
  • -
  • $1770.4
  • 1.05%

Global Freight Pricing & Market Rate Intelligence Trends

FBX03: 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.

Common goods shipped on this trade lane include high-value goods, luxury items, and perishable goods like seafood.

Used by 40,000+ supply chain professionals
FBX03
China/East Asia to North America East Coast

Current FBX

$6,763.80

Volatility

1.13 %

Freightos terminal is relied on by logistics professionals at companies like

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

  • Blank Sailings
    Medium
    November 11, 2022

    Blank sailings seem to be stabilizing rates - but fewer blankings scheduled so far for end of year

  • Capacity Trends
    Medium
    November 10, 2022

    Hapag-Lloyd CEO expects rates to decrease on inventory correction, but not crash.

  • Market Changes
    Low
    November 8, 2022

    US ocean import volumes stablize in October after steep decline in September; slide was steeper at West Coast ports.

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.