A transparent benchmark for what it actually costs to move a container on the world's main trade lanes this week.
What's included
- Weekly index values in USD per 40ft and 20ft container for 64 lanes, including Asia to North Europe, Asia to the Mediterranean, transpacific, transatlantic, intra-Asia and Latin America routes
- Week-on-week change and the 25th and 75th percentile of submitted quotes
- Number of contributors behind each value
- Average quoted transit time
- Methodology notes and a log of any lane definition changes
How buyers use it
- Procurement teams benchmark carrier and forwarder quotes before tendering
- Finance teams forecast landed costs and budget freight spend
- Shippers and carriers reference the index in index-linked contracts
- Investors and economists follow freight costs as a supply-chain pressure gauge
Coverage and methodology
Contributors are freight forwarders, shippers and non-vessel operating carriers who submit all-in spot quotes covering ocean freight and standard surcharges, excluding origin and destination terminal charges. Each lane needs at least five contributors in a week to publish; otherwise the value is carried forward and marked. Outliers are trimmed using an interquartile rule and the index is the median of the remaining quotes. Contributor identities are never disclosed, and no single contributor can account for more than 25% of a lane's quotes. The index is published every Tuesday for the previous week.