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The Freightos International Freight Index was first launched as a weekly freight index in early 2017. [7] The Freightos Baltic Index has been in wide use since 2018. [8] It is currently the only freight rate index that is issued daily, and is also the only IOSCO-compliant freight index that is currently regulated by the EU (in particular, the European Securities and Markets Authority).
According to Drewry’s World Container Index (WCI), spot rates on the Shanghai-New York leg were down 3% week on week, to $5,761 per 40ft, but Shanghai-Los Angeles was down 5% week on week to $5,071 per 40ft. The Xeneta XSI transpacific route also declined 2.5% to $5,489 per 40ft.
The use of standardized steel shipping containers began during the late 1940s and early 1950s, when commercial shipping operators and the US military started developing such units. [18] In 1948 the U.S. Army Transportation Corps developed the "Transporter", a rigid, corrugated steel container, able to carry 9,000 pounds (4,100 kg).
Baltic Dry Index 1985 - 2022. The Baltic Dry Index (BDI) is a shipping freight-cost index issued daily by the London-based Baltic Exchange. The BDI is a composite of the Capesize, Panamax and Supramax timecharter averages. It is reported around the world as a proxy for dry bulk shipping stocks as well as a general shipping market bellwether.
A freight rate (historically and in ship chartering simply freight [1]) is a price at which a certain cargo is delivered from one point to another. The price depends on the form of the cargo, the mode of transport ( truck , ship , train , aircraft ), the weight of the cargo, and the distance to the delivery destination.
The DAT Network hosts more than 400 million freight loads and trucks per year. [6] The network consists of several load board subscription services for small to midsize carriers, freight brokers, and shippers. [1] [7] DAT provides a real-time truckload freight rate service. This is based on $150 billion of transactions annually, from actual ...
2012: [19] Sustainable freight transport development and finance; 2013: [20] Securing Reliable Access to Maritime Transport for Landlocked Countries; 2014: [21] Small Island Developing States (SIDS) 2015: [22] Shipping and Sustainable Development; 2016: [23] Determinants of Maritime Transport Costs; 2017: [24] Maritime transport connectivity
The Logistics Performance Index (LPI) [1] is a analysis tool created by the World Bank. [2] It is the combination of the weighted average of the country scores on six key dimensions: customs performance, infrastructure quality, ease of arranging shipments, logistics services quality, consignments tracking and tracing and timeliness of shipments as well as practical data measuring logistics ...