Digital Edition

June 23, 2014

Issue link: https://jocdigital.uberflip.com/i/335267

Contents of this Issue

Navigation

Page 55 of 71

56 THE JOURNAL OF COMMERCE www.joc.com JOC By the Numbers Data selected and prepared by Journal of Commerce Research Editor Marsha Salisbury. She can be contacted at 973-776-7828, msalisbury@joc.com. JUNE 23.2014 800 1,000 1,200 1,400 1,600 6/13/2014 1/1/2010 10/16/09 Base Index = 1,000 $1,000 $1,500 $2,000 $2,500 $3,000 6/13/2014 1/1/2010 10/16/09 Base Index = $1,431 $2,000 $2,500 $3,000 $3,500 $4,000 $4,500 6/13/2014 1/1/2010 10/16/09 Base Index = $2,439 $400 $850 $1,300 $1,750 $2,200 6/13/2014 1/1/2010 10/16/09 Base Index = $1,232 $500 $900 $1,300 $1,700 $2,100 6/13/2014 1/1/2010 10/16/09 Base Index = $1,279 *Indices were not published on the following dates: 2010: Feb. 19, April 30, Sept. 24, Oct. 1 or Oct. 8, 2010. 2011: Feb. 4 or Oct. 7, 2011. 2012: Jan. 27 or Oct. 5, 2012. 2013: Feb. 15 or Oct. 4, 2013. Base ports defined: U.S. West Coast — Los Angeles/Long Beach/Oakland; U.S. East Coast — New York/Savannah/Norfolk/Charleston; Europe — Hamburg/Antwerp/Felixstowe/Le Havre; Mediterranean Sea — Barcelona/ Valencia/Genoa/Naples. The freight rate includes ocean freight and surcharges including BAF/FAF, EBS/EBA, CAF/YAS, PSS, WRS, PCS, SCS/SCF/PTF/PCC. Source: Shanghai Shipping Exchange, www1.chineseshipping.com.cn/en/indices/scfi.jsp To MEDITERRANEAN base ports* Spot reversal: The June 13, 2014, Mediterranean base port average spot rate was $1,671 per TEU. That's $90 or 5.1 percent below the week before but $469 or 39 percent above the same week last year. This index was $392 or 30.6 percent above the Oct. 16, 2009, base rate of $1,279 per TEU. Comprehensive SCFI* Fifth week down: The June 13, 2014, comprehensive SCFI reading was 1,075.43 points, slipping 12.98 points or 1.2 percent below the week before. This index was 120.63 points or 12.6 percent above a year ago and 75.43 points or 7.5 percent above the Oct. 16, 2009, base index of 1,000 points. To U.S. WEST COAST base ports* Fourth week down: The June 13, 2014, U.S. West Coast base port average spot rate was $1,761 per FEU, $41 or 2.3 percent below the week before and down $120 or 6.4 percent year-over-year. This index was $330 or 23.1 percent above the Oct. 16, 2009, base rate of $1,431 per FEU. To U.S. EAST COAST base ports* Fourth week down: The June 13, 2014, U.S. East Coast base port average spot rate was $3,268 per FEU, down $18 or 0.5 percent below the week before. This index was $237 or 7.8 percent above a year ago and $829 or 34 percent above the Oct. 16, 2009, base rate of $2,439 per FEU. To NORTH EUROPE base ports* Second week spot up: The June 13, 2014, North Europe base port average spot rate was $1,202 per TEU, $19 or 1.6 percent above the week before. This index was $669 or 125.5 percent higher year-over- year, but $30 or 2.4 percent below the Oct. 16, 2009, base rate of $1,232 per TEU. n Shanghai export average spot rates for the following four trade lanes are among the 15 component trade lanes in the weekly SCFI — Shanghai Containerized Freight Index produced by the Shanghai Shipping Exchange and weigh 57.5 percent of the SCFI comprehensive reading. June 13, 2014: SCFI comprehensive reading was 1,075.43 points, slipping 1.2 percent sequentially, but 12.6 percent above a year ago, and 7.5 percent above the October 2009 base index. SCFI - SHANGHAI CONTAINERIZED FREIGHT INDEX

Articles in this issue

Links on this page

Archives of this issue

view archives of Digital Edition - June 23, 2014