Export/Import Updates!

Save Thousands of Dollars in Freight Costs by Planning your Shipments well

Did you know

that you can save thousands of dollars in shipping costs by planning your shipping schedule well in advance?

Here’s how. Freight prices depend on supply and demand. During the rush hour of shipping the cost of freight goes up because there are millions of shipments competing for limited space on ships and cargo airplanes.

If you plan your shipping schedule by tracking the latest trends on the World Container Index by Drewry, you’ll get an idea of when the busy times are and can plan to book your shipments at a less busy time, when rates are lower. The index tracks and shows the changes in pricing in the main lines for 40-foot-equivalent-unit (FEU) containers. You can see the latest trends for key shipping routes below.

Drewry Data New
Infogram

Route

Route / Date
01-Apr-21
08-Apr-21
15-Apr-21
Weekly change %
Annual Change %
Composite Index
$4,883
$4,911
$4,905
0%
221%
Shanghai - Rotterdam
$7,476
$7,852
$7,978
2%
457%
Rotterdam - Shanghai
$1,440
$1,465
$1,408
-4%
38%
Shanghai - Genoa
$7,682
$7,541
$7,655
2%
319%
Shanghai - Los Angeles
$4,383
$4,202
$4,138
-2%
141%
Los Angeles - Shanghai
$545
$540
$550
2%
8%
Shanghai - New York
$6,821
$6,705
$6,333
-6%
130%
New York - Rotterdam
$718
$745
$767
3%
40%
Rotterdam - New York
$2,498
$2,621
$2,623
0%
3%

Exclusive free membership invitation

For a time-limited period freight forwarders and NVOCCs are invited to join Drewry’s exclusive Forwarder Benchmarking Club.

Find Out More

Here’s how. Freight prices depend on supply and demand. During the rush hour of shipping the cost of freight goes up because there are millions of shipments competing for limited space on ships and cargo airplanes.

If you plan your shipping schedule by tracking the latest trends on the World Container Index by Drewry, you’ll get an idea of when the busy times are and can plan to book your shipments at a less busy time, when rates are lower. The index tracks and shows the changes in pricing in the main lines for 40-foot-equivalent-unit (FEU) containers. You can see the latest trends for key shipping routes below.

More from Cogoport

Fill out our application to book a demo.

*All fields are mandatory

Oops! Something went wrong while submitting the form.