Author name: oliviajones

What is the China Containerized Freight Index? The Shanghai Containerized Freight Index is the most widely used index for sea freight rates for import China worldwide. This index has been calculated weekly since 2009 and shows the most current freight prices for container transport from the Chinese main ports, including Shanghai. What is Shanghai container […]

What is the Shanghai Containerized Freight Index? The Shanghai Containerized Freight Index is the most widely used index for sea freight rates for import China worldwide. This index has been calculated weekly since 2009 and shows the most current freight prices for container transport from the Chinese main ports, including Shanghai. How is Shanghai Containerized

What is Drewry index? The world’s first and only global source of container spot market freight rates on all the major routes. An essential reference for importers, exporters, freight forwarders and other industry stakeholders requiring up-to-date and independently researched container shipping cost benchmarks. What is global container freight rate index? The World Container Index is

What is global container freight rate index? The World Container Index is an index developed by Drewry, one of the most reputed research, advisory and consulting service providers for the shipping and maritime industry. Drawing upon its expertise and accumulated data, Drewry publishes the WCI, covering the Spot market freight rates on a weekly basis.

Are container rates coming down? According to their analysis, trans-Pacific container spot rates between China and the U.S.’s East and West coast ports are down by half between January and March 2022. What is the World container Index? The World Container Index (WCI) is the premium resource for frequent, independent container market data. The WCI

What is the global container index? A global container index is a weighted average of individual lane indices and offers a big-picture perspective on the worldwide supply/demand balance. Looked at over a span of multiple years, global indices provide important insights on the ebb and flow of ocean container markets. What is the Global freight

Is the shipping crisis getting better 2022? As the year begins, we remain in the midst of the most severe crisis in container supply chains going back to Malcom McLean, who founded the container shipping industry in the late 1950s. As 2022 begins, the situation is not improving. We would like to be able say

Is the price of shipping containers coming down? Since the start of the pandemic, the cost of shipping has increased significantly. In the past month, however, container shipping costs have fallen by about 12%, according to the Drewry World Container Index. Will container prices drop in 2022? According to their analysis, trans-Pacific container spot rates

Are shipping containers in high demand? Shippers and carriers are starting to see a return to normalcy in container availability after the shortages that helped to fuel supply chain disruption last year. Will container prices drop in 2022? According to their analysis, trans-Pacific container spot rates between China and the U.S.’s East and West coast

Is shipping a growing industry? At InXpress Franchise, it is increasingly getting bigger, and in the United States alone, the $1.5 Trillion shipping and logistics industry is expected to be valued at $2+ trillion by 2023. InXpress franchisees are ready for growth as demand for shipping continues to grow as global trade and e-commerce grows.