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96 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, marsha.salisbury@ihs.com. 400 600 800 1,000 1,200 1,400 1,600 1/22/2016 1/1/2010 7/2/10 1,583.18 10/16/09 1,000.00 11/20/15 484.14 High: Base: Low: 7/2/10 $2,833 10/16/09 $1,431 12/25/15 $766 High: Base: Low: 2/13/15 $5,049 10/16/09 $2,439 12/25/15 $1,448 High: Base: Low: 3/5/10 $2,164 10/16/09 $1,232 6/19/15 $205 High: Base: Low: 2/26/10 $2,067 10/16/09 $1,279 10/16/15 $195 High: Base: Low: $500 $1,125 $1,750 $2,375 $3,000 1/22/2016 1/1/2010 $1,000 $2,000 $3,000 $4,000 $5,000 $6,000 1/22/2016 1/1/2010 $0 $500 $1,000 $1,500 $2,000 $2,500 1/22/2016 1/1/2010 $0 $500 $1,000 $1,500 $2,000 $2,500 1/22/2016 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 or Oct. 2, 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. • *Low Sulphur Surcharge (LSS) was included from end of year 2014. Source: Shanghai Shipping Exchange, www1.chineseshipping.com.cn/en/indices/scfi.jsp To MEDITERRANEAN base ports* YEAR-OVER-YEAR PLUNGE: The Jan. 22, 2016, Mediterranean base port average spot rate was $629 per TEU, $240 or 27.6 percent below the week before, $628 or 50 percent below year-end and down $831 or 56.9 percent year-over-year. While this index was more than triple its Oct. 16, 2015, record low $195 per TEU, it was $650 or 50.8 percent below its Oct. 16, 2009, base rate of $1,279 per TEU. Comprehensive SCFI* YEAR-OVER-YEAR PLUNGE: The Jan. 22, 2016, SCFI comprehensive reading was 615.77 points, 64.45 points or 9.5 percent below the week before and 221.19 points or 26.4 percent below year-end. This index was 475.71 points or 43.6 percent below a year ago, and 384.23 points or 38.4 percent below the Oct. 16, 2009, base of 1,000 points. To U.S. WEST COAST base ports* YEAR-OVER-YEAR PLUNGE: The Jan. 22, 2016, U.S. West Coast base port average spot rate was $1,377 per FEU, $40 or 2.8 percent below the week before, $141 or 9.3 percent below year-end and $686 or 33.3 percent below a year ago. This index was $611 or 79.8 percent above its Dec. 25 record low of $766 per FEU, but $54 or 3.8 percent below its Oct. 16, 2009, base rate of $1,431 per FEU. To U.S. EAST COAST base ports* YEAR-OVER-YEAR PLUNGE: The Jan. 22, 2016, East Coast base port average spot rate was $2,420 per FEU, $37 or 1.5 percent below the week before, $135 or 5.3 percent below year-end and $2,328 or 49 percent below a year ago. This index was $972 or 67.1 percent above its Dec. 25 record low of $1,448 per FEU, while $19 or 0.8 percent below its Oct. 16, 2009, base rate of $2,439 per FEU. To NORTH EUROPE base ports* YEAR-OVER-YEAR PLUNGE: The Jan. 22, 2016, North Europe base port average spot rate was $545 per TEU, $195 or 26.4 percent below the week before, $687 or 55.8 percent below year-end results and $711 or 56.6 percent below a year ago.This index was $687 or 55.8 percent below its 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. TUMBLED 9.5 PERCENT IN WEEK: The Jan. 22, 2016, SCFI comprehensive reading was 615.77 points, sequentially losing 64.45 points while 43.6 percent or 475.71 points below a year ago. FEBRUARY 8.2016

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