Issue link: https://jocdigital.uberflip.com/i/494761
72 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. APRIL 20.2015 700 850 1,000 1,150 1,300 1,450 1,600 4/3/2015 1/1/2010 7/2/10 1,583.18 10/16/09 1,000.00 4/3/15 763.95 High: Base: Low: 7/2/10 $2,833 10/16/09 $1,431 12/16/11 $1,418 High: Base: Low: 2/13/15 $5,049 12/16/11 $2,522 1/1/2010 $2,343 High: Base: Low: 3/5/10 $2,164 10/16/09 $1,232 12/9/11 $490 High: Base: Low: 2/26/10 $2,067 10/16/09 $1,279 12/16/11 $626 High: Base: Low: $1,000 $1,500 $2,000 $2,500 $3,000 4/3/2015 1/1/2010 $2,000 $2,500 $3,000 $3,500 $4,000 $4,500 $5,000 $5,500 4/3/2015 1/1/2010 $400 $850 $1,300 $1,750 $2,200 4/3/2015 1/1/2010 $500 $900 $1,300 $1,700 $2,100 4/3/2015 1/1/2010 *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. 2014: Oct. 3, 2014, 2015: Feb. 20, 2015. 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* Ninth week down: The April 3, 2015, Mediterranean base port average spot rate was $663 per TEU, tumbling $72 or 9.8 percent below the week before and $684 or 50.8 percent below the same week last year. This index was $578 or 46.6 percent below year-end and $616 or 48.2 percent below the Oct. 16, 2009, base rate of $1,279 per TEU. Comprehensive SCFI* Sixth week down, sinks to record low: The April 3, 2015, SCFI comprehensive reading was 763.95 points, tumbling 40.64 points or 5.1 percent below the week before and 284.93 points or 27.2 percent below year-end, while 300.92 points or 28.3 percent below a year ago. This index was 236.05 points or 23.6 percent below the Oct. 16, 2009, base of 1,000 points. To U.S. WEST COAST base ports* Sixth week down: The April 3, 2015, U.S. West Coast base port average spot rate was $1,635 per FEU, tumbling $66 or 3.9 percent below the week before and $423 or 20.6 percent below year-end. This index was $173 or 9.6 percent below a year ago, while $204 or 14.3 percent above the Oct. 16, 2009, base rate of $1,431 per FEU. To U.S. EAST COAST base ports* Sixth week down after record index: The April 3, 2015, U.S. East Coast base port average spot rate was $4,033 per FEU, tumbling $182 or 4.3 percent below the week before and $465 or 10.3 percent below year-end. However, this index jumped $771 or 23.6 percent above a year ago and $1,594 or 65.4 percent above the Oct. 16, 2009, base rate of $2,439 per FEU. To NORTH EUROPE base ports* Ninth week down: The April 3, 2015, North Europe base port average spot rate was $511 per TEU, tumbling $75 or 12.8 percent below the week before and $574 or 52.9 percent below year-end. This index was $731 or 58.9 percent below a year ago and $721 or 58.5 percent below the Oct. 16, 2009, base rate of $1,232 per TEU. SCFI - SHANGHAI CONTAINERIZED FREIGHT INDEX 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. The April 3, 2015, SCFI comprehensive reading was a record low 763.95, tumbling 40.64 or 5.1 percent sequentially and 300.92 points or 28.3 percent below a year ago.