SeaRates Freight Index
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70+ million
freight rate points monthly -
8 levels
of index granularity -
1+ billion
trade routes
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What is the freight market rate index?
Continuous monitoring and analysis of the freight market enrich you with insights into current market rates for a specific global zone or trade lanes. The shipping index is your key aggregated from contracts between shippers, carriers, shipping lines, and other logistics and trade providers. Use this key to unlock transparency into market shifts and demand fluctuations to prepare your next step. And SeaRates won’t let plunging into this ocean without arming you with broad freight market news and analytics.
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How does it keep freight costs in check?
Find the clue on how freight prices change for different delivery terms, time frames, routes, and more. Utilize a market intelligence tool for logistics and trading planning. Streamline freight market research and calculations with the prompt Freight Index tool for finding container shipping rates index for any transportation mode in each world region. Forget about manual filtering by date, region, or shipment mode instead of utilizing a rapid interface with all-in-out sea, land, and air freight index results.
Why do I need use freight index?
Let freight forwarding market tendencies stand visible and benefit from tariff transparency
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A high level of freight index aggregation covers thousands of tariffs in the time frames and world regions you are looking for.
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Obtaining a clear picture of demand level and market conditions based on real freight contracts with proper benchmarking.
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Apply index data analytics to keep your trading flow profitable and reach a competitive edge in line with market trends.
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The digital solution provided bespoke decision-making data for overseeing logistics and trading instantly per your demand.
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Instant access to average freight indexes upon various requirements from thousands of rates at a glance to rapidly evaluate any transactions.
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Real-time visibility and rapid freight index research ensured thoughtful supply chain planning and profitable forecasting.
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Improve your logistics management efficiency by monitoring and comparing indexes on market leaders’ services on different destinations and time frames.
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Enhancing your Transport Management System with comprehensive freight tariff transparency and analysis on your regular or new trade lanes.
Freight Index packages
Versatile estimations
The calculation for sea, truck, rail, and air freight rate index is proper for any cargo shipment requirements, ensuring you find extensive analytics for your unique needs. Simply pick among FCL, LCL, Bulk, FTL, LTL, FWL, LWL, Standard cargo, and ULD Container.
Global FIX data gathering
Explore our deep geographical coverage, finding the Caribbean or Black Sea freight index, or any other subregion, continent, and world area. Research alternative shipment modes or trade lanes to find the most profitable destinations and shipping options on the market.
Comparison by carriers
Unlock the feature of container sea freight index searching by shipping lines. Compare indexes for sea, air, and land shipments by leading carriers worldwide. Obtain accurate index analytics from major market players to optimize your trading strategy and fit out a competitive edge.
Bigger timeframes
Run a container shipping price index engine broader, monitoring the freight index by months and years. Long-term analysis of market trends, forecasting, and planning are open in a couple of clicks by selecting a wider term to get unique historical data for any destination.
Exporting analytics
Instantly download results of your freight index searching by various parameters in CVS, Excel, and PDF format to thoroughly complete your logistics reports with richer insights on market foreseeing. Ensure strategic planning and risk assessment are transparent and reasonable. Critical decision-making data at your fingertips.
Keeping notified on shifts
Stay informed on each freight market update to ensure timely reactions and setting in your trading operations. Choose the necessary indexes and set automatic alerts about any changes on your phone. Instantly monitor and get the best rate index options with ease.
Vast coverage and index granularity
Standard subscription meets the index for freight rates on the open seas and more by areas, continents, subregions, and coasts.
Premium subscription extends your index outreach globally by countries, states, provinces, cities, ports, airports, and stations.
Ensure global market intelligence with knowledge of 8 levels of index data detailing:
Get your own freight index tool
Global coverage of the container shipping index in the SeaRates Freight Index tool is transparency guarantees for freight price indexes overlooking. Integrate applicable market freight data on your websites as a web-integrated solution or into your TMS/ERP/CRM systems as an API. The market directional key tool is available at any time upon request under your brand.
Adjacent integrations
Logistics providers usually integrate the Freight Index with the Logistics Explorer to streamline freight tariff management. Enrich your clients with a sea, air, rail, road, and truck freight index in a couple of seconds, and continue your users’ path by letting them seamlessly calculate freight price and make instant online bookings right on your website or platform! Connect with reliable digital solutions for logistics to comprehensively expand your trading operations.
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SeaRates Freight Index FAQ
What is the freight index?
The freight index measures changes in transportation costs across different shipping methods, like sea, air, and land. It reflects the price trends and demands in the freight market, which helps businesses and investors understand market conditions. One well-known type is the sea freight index, tracking the rates specifically for ocean cargo transport. By analyzing a freight index, companies can forecast costs and make informed decisions on shipping strategies.
What data does SeaRates FI use?
For the most extensive results, SeaRates FI utilizes an array of real-time industry freight data combined with open benchmarks available on the market and AI algorithms complementing the result. The SeaRates Freight Index is powered by anonymized and combined business data from global freight forwarders and carriers that use the SeaRates marketplace for freight management. As a result, our Freight Index is highly precise, providing you with commercially determined freight rates from leading shipping companies and logistics providers.
How is the freight rate index calculated?
The freight rate index, also known as the shipping price index, reflects average shipping costs across various trade lanes worldwide. It is calculated by analyzing data from shipping routes, cargo types, and vessel sizes. Freight rates are collected from carriers and freight forwarders, then aggregated to reflect a single average cost per route.
What is the difference between the Free and Premium versions of FI?
Access to a wide range of features, such as searching freight indexes for many destinations worldwide by transport mode, container type, and carrier, as well as displaying Trending Indexes, saving required indexes, advanced analytics, and much more, are available in the Free version of SeaRates Freight Index. The Premium version of the tool is supplemented with chart comparison capabilities for the periods you require, comparing freight indexes for the various carriers, convenient notifications, and other extended options.
What is the difference between FI and FIX abbreviations?
FI and FIX abbreviations have the same meaning but different utilization. SeaRates FIX is the Freight Index, which is suitable for international exchanges given the requirement of 3-letters in the international shipping quotation standard.
What is the freight rate index for 2024?
The index freight for 2024 reflects shifts in global shipping rates due to market demand, fuel costs, and operational expenses. This year’s freight price index has seen adjustments as supply chains adapt to evolving trade patterns and economic changes. Increased demand in certain sectors and fluctuations in fuel costs have contributed to varied rate trends.
What is the best freight index?
The best freight rate index depends on a company’s specific needs, as each index highlights different aspects of the shipping market. Leading shipping indexes like the Baltic Dry Index and the Shanghai Containerized Freight Index are commonly used. The Baltic Dry Index is ideal for tracking bulk commodities, while the Shanghai Containerized Freight Index focuses on container rates, offering insights into sea freight costs.
