Container freight rate index from Shanghai to Los Angeles from January 2019 to March 2023

(in U.S. dollars)

NEW

Release date

March 2022

Region

United States

Survey time period

January 2019 to March 2023

Supplementary notes

The data source monitors the shipping expenses of 40-foot containers, which are calculated as an average of the prices for the last five business days of the final week of each month..

Between January 2019 and March 2023, the rates for shipping goods in containers from Shanghai to Los Angeles fluctuated. However, there was a significant surge in freight rates in 2021, with the price for a 40-foot container exceeding 12,000 U.S. dollars in September of that year. As of March 2023, the freight rate index had decreased to 1,903 U.S. dollars per 40-foot container.