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Mar. 03, 2014

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118 THE JOURNAL OF COMMERCE www.joc.com JOC By the Numbers MARCH 3.2014 Data selected and prepared by Journal of Commerce Research Editor Marsha Salisbury. She can be contacted at 973-776-7828, msalisbury@joc.com. 800 1,000 1,200 1,400 1,600 2/21/2014 1/1/2010 10/16/09 Base Index = 1,000 $1,000 $1,500 $2,000 $2,500 $3,000 2/21/2014 1/1/2010 10/16/09 Base Index = $1,431 $2,000 $2,500 $3,000 $3,500 $4,000 $4,500 2/21/2014 1/1/2010 10/16/09 Base Index = $2,439 $400 $850 $1,300 $1,750 $2,200 2/21/2014 1/1/2010 10/16/09 Base Index = $1,232 $500 $900 $1,300 $1,700 $2,100 2/21/2014 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* Seventh week down: The Feb. 21, 2014, Mediterranean base port average spot rate was $1,264 per TEU, $150 or 10.6 percent below the week before, but $116 or 10.1 percent above the same week last year. This spot rate reflects $15 or 1.2 percent below the Oct. 16, 2009, base rate of $1,279 per TEU. Comprehensive SCFI* Fifth week down: The Feb. 21, 2014, comprehensive SCFI reading was 1,036.86 points, 57.97 points or 5.3 percent below the week before. This index was 128.49 points or 11 percent lower than a year ago, yet 36.86 points or 3.7 percent above the Oct. 16, 2009, base index of 1,000 points. To U.S. WEST COAST base ports* Second week down: The Feb. 21, 2014, U.S. West Coast base port average spot rate was $1,945 per FEU, $96 or 4.7 percent below the week before. This index was $419 or 17.7 percent lower than a year ago, although $514 or 35.9 percent above the Oct. 16, 2009, base rate of $1,431 per FEU. To U.S. EAST COAST base ports* Second week down: The Feb. 21, 2014, U.S. East Coast base port average spot rate was $3,294 per FEU, $69 or 2.1 percent below the week before. This index was $223 or 6.3 percent below a year ago, but $855 or 35.1 percent above the Oct. 16, 2009, base rate of $2,439 per FEU. To NORTH EUROPE base ports* Seventh week down: The Feb. 21, 2014, North Europe base port average spot rate was $1,233 per TEU, $146 or 10.6 percent below the week before. The spot rate was $34 or 2.8 percent above a year ago and $1 or 0.1 percent above 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. Feb. 21, 2014: SCFI comprehensive reading was 1,036.86 points, tumbling 5.3 percent sequentially and 11 percent year-over-year, but 3.7 percent above October 2009 base index. SCFI - SHANGHAI CONTAINERIZED FREIGHT INDEX

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