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The World Container Index (WCI) is a global freight rate index that provides a weekly assessment of container freight rates on 11 major trade routes. It is used as a benchmark by shippers, carriers, and freight forwarders to monitor and compare rates across different routes and shipping lines.
The Digital Freight Shipping Platform With a Free Container Shipping Cost Calculator. Compare and book. Manage and track. Get expert support. Instantly compare air, ocean, and trucking freight quotes from 75+ providers with the perfect balance of price and transit time.
28 Ιουν 2024 · Container freight rates have increased substantially on most trade lanes in the past three years amid the COVID-19 pandemic. Based on aggregated data for all trade lanes, shipping a 40ft...
Container freight rates oscillated dramatically between January 2023 and October 2024. Freight rates slumped to their lowest level on the 26th of October 2023, when the going rate for a...
Origin and destination ports. Current market conditions. The process of calculating total freight rates involves the following steps: Step 1: Determine the base freight rate for the specified container type, then select a favorable routing plan. Step 2: Add the applicable surcharges and fees to the base rate.
31 Ιαν 2024 · Ocean rate increases, while significant, are nowhere near pandemic surge levels. During the peak of COVID-19 rate increases, rates on 40-foot containers from Asia to North Europe and the Mediterranean jumped to about $15,000, while rates from Asia to North America surpassed $20,000.
2 Ιουλ 2024 · The rise in blank sailings is indicative of the tight supply conditions ocean carriers are facing. With peak season approaching in the U.S., demand for vessel space is higher than what is available for shippers, creating higher rates.
