Methodology
Rates delivered from freight forwarders and shippers
Based on long-term contracts only = any contract that is valid for longer than 88 days
Rates pulled from Xeneta’s ocean freight platform of +350mn contracted rates
Indices based on an aggregation of trade-weighted corridors
Indices rates surcharges are based on all-in CY/CY pricing methodology
The global index is a combination of worldwide trade-weighted corridors not limited to the US, Europe and the Far East indices
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The monthly XSI® Public Indices report gives an indication of the global market movements for the long-term contract market in the container shipping industry, focusing on the biggest regions in the world.
Xeneta does not recommend price-setting on this market report as it is based on an aggregation of trade-weighted uncorrelated corridors. If you are interested in index-based contracting, we recommend our XSI® index-linked contracting product. For more information, please contact us via www.xeneta.com
Xeneta is the leading ocean and air freight rate benchmarking, market analytics platform and ocean container rate index, Xeneta Shipping Index (XSI®).
Xeneta’s powerful reporting and analytics platform and data density provide liner-shipping stakeholders the insights they need to understand current and historical market behavior – reporting live on market average and low/high movements for both short and long-term contracts.
Xeneta’s data is comprised of over +350 million contracted container rates and covers over 160,000 global ocean trade routes and over 58,000 airport-airport connections. Xeneta is a privately held company with headquarters in Oslo, Norway and regional offices in New York and Hamburg. To learn more, please visit www.xeneta.com
NOTE: The XSI® public indices reports are based on long-term contracts only.
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