Container freight rates on the route from China/Eastern Asia to the West Coast of North America increased almost fourfold between October 2020 and November 2021. As of November 2021, shipping a 40' container cost about 14,700 U.S. dollars, up from some 3,800 U.S. dollars in October 2020. Global freight rates have seen a similarly dramatic increase in the past months as well.
Container freight rates from China/Eastern Asia to the West Coast of North America from October 2020 to November 2021
(in U.S. dollars)
The index represents a market rate for freight on the shipping lane from China/Eastern Asia to the North American West Coast for a 40' container.
The index is based on aggregated and anonymized real-time business data from global freight carriers, freight forwarders, and shippers that use the WebCargo by Freightos freight rate management platform.
The values are an average of the five business days of the last full week in each month.
The latest value is freely accessible on the source's website. Since October 2021, older values can only be accessed after registration.
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Freightos. (November 26, 2021). Container freight rates from China/Eastern Asia to the West Coast of North America from October 2020 to November 2021 (in U.S. dollars) [Graph]. In Statista. Retrieved December 06, 2021, from https://www.statista.com/statistics/1266618/china-eastern-asia-to-north-american-west-coast-container-freight-rates/
Freightos. "Container freight rates from China/Eastern Asia to the West Coast of North America from October 2020 to November 2021 (in U.S. dollars)." Chart. November 26, 2021. Statista. Accessed December 06, 2021. https://www.statista.com/statistics/1266618/china-eastern-asia-to-north-american-west-coast-container-freight-rates/
Freightos. (2021). Container freight rates from China/Eastern Asia to the West Coast of North America from October 2020 to November 2021 (in U.S. dollars). Statista. Statista Inc.. Accessed: December 06, 2021. https://www.statista.com/statistics/1266618/china-eastern-asia-to-north-american-west-coast-container-freight-rates/
Freightos. "Container Freight Rates from China/Eastern Asia to The West Coast of North America from October 2020 to November 2021 (in U.S. Dollars)." Statista, Statista Inc., 26 Nov 2021, https://www.statista.com/statistics/1266618/china-eastern-asia-to-north-american-west-coast-container-freight-rates/
Freightos, Container freight rates from China/Eastern Asia to the West Coast of North America from October 2020 to November 2021 (in U.S. dollars) Statista, https://www.statista.com/statistics/1266618/china-eastern-asia-to-north-american-west-coast-container-freight-rates/ (last visited December 06, 2021)
