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In comparison, a container shipped from Asia to Europe costs around $7,800, 40% less than at the start of the year. The rate for both key routes still remains elevated from pre-pandemic...
Average Freight Rates $2.53 per mile Reefer Freight Rates (August 30, 2022) Highest average Midwest $3.29 per mile Lowest average Southeast $2.66 per mile Average Freight Rates $2.90 per mile Flatbed Freight Rates (August 30, 2022) Highest average Midwest $3.21 per mile Lowest average West $2.69 per mile Average Freight Rates $3.07 per mile
U.S. Domestic: 139 cubic inches per pound (5,000 cm 3 /kg) or 1 ⁄ 5 kg/dm 3 (12 lb/cu ft) (Daily rates only, for packages that exceed one cubic foot / 1,728 cubic inches.) U.S. Domestic: 166 cubic inches per pound (6,000 cm 3 /kg) or 1 ⁄ 6 kg/dm 3 (10 lb/cu ft) (Retail rates only, for all packages.
UNCTAD also tracks container freight rates. Freight rates are expressed as the total price in U.S. dollars for a shipper to transport one TEU worth of cargo along a given route. Data is given for the three main container liner routes: U.S.-Asia, U.S.-Europe, and Europe-Asia.
Time Charter Equivalent. The time charter equivalent (TCE) rate is a standard shipping industry performance measure used primarily to compare period-to-period changes in a shipping company's performance despite changes in the mix of charter types (i.e., spot charters, time charters and bareboat charters) under which the vessels may be employed ...
The National Motor Freight Classification (NMFC) is a North American voluntary standard that provides a comparison of commodities moving in interstate, intrastate and international commerce via freight shipment.
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