Freightos Baltic Index

The Freightos Baltic Index (FBX) (also sometimes known as the Freightos Baltic Daily Index[1] or Freightos Baltic Global Container Index[2]) is a daily freight container index issued by the Baltic Exchange[3] and Freightos. The index measures global container freight rates[4] by calculating spot rates for 40-foot containers on 12 global tradelanes.[5] It is reported around the world as a proxy for shipping stocks, and is a general shipping market bellwether. The FBX is currently one of the most widely used freight rate indices.[6]

  1. ^ "Different container indexes, vastly different rates. Which is right?". FreightWaves. 29 July 2021. Retrieved 8 October 2021.
  2. ^ Cite error: The named reference guide was invoked but never defined (see the help page).
  3. ^ "Baltic Exchange developing container shipping index in new market push". Reuters. 25 April 2018.
  4. ^ "Freightos | Global Freight Prices Soaring due to Container Shortages - knoema.com". Knoema. Retrieved 8 October 2021.
  5. ^ "Container". Baltic Exchange Consumer. Retrieved 8 October 2021.
  6. ^ "What are Freight Indexes and How Is Freightos Index Data Calculated? What Is a Freight Rate Index?". Credo Trans. 13 July 2021. Retrieved 8 October 2021.