Drewry Hong Kong to Los Angeles Container Rate Benchmark
Spot rates on containerized freight as quoted per 40-foot container (FEU) from Hong Kong to the Los Angeles on a weekly basis, based on the weekly Hong Kong-Los Angeles Container Rate Benchmark, a bellweather trans-Pacific eastbound spot rate index issued each Wednesday by Drewry Shipping Consultants. This benchmark reflects the spot rates of the Hong Kong export container transport market. The freight indices reflects the ocean freight and the associated seaborne surcharges of individual shipping routes on the spot market. Source: http://www.drewry.co.uk/
Carriers in the trans-Pacific eastbound trade made progress on achieving an announced $600 per container increase to West Coast ports as of Jan. 15 but remain well short of their goal as indicated by the latest Drewry Hong Kong-Los Angeles spot rate.