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.
The FBX is currently one of the most widely used freight rate indices.
[8] It is currently the only freight rate index that is issued daily, and is also the only IOSCO-compliant freight index that is currently regulated by the EU (in particular, the European Securities and Markets Authority).
The index is calculated from real-time anonymized data.
[9] As of February 2020, 50 to 70 million price points were collected by the FBX each month.
[10] The FBX was converted into a daily index in February 2021.
This median price (freight rate) is calculated for standard 40-foot containers that are not refrigerated.
Where: For reference, a list of the 12 tradelanes used in the index calculations is also provided in the section below.
The FBX Global Container Index (FBX) is a weighted average of 12 regional tradelane indices.
Where: The FBX prices used are rolling short-term Freight All Kind (FAK) spot tariffs and related surcharges between carriers, freight forwarders, and high-volume shippers.