Zvi Schreiber
speaker
642 appearances
3 recordings
1 series
first heard Jul 2017
last heard Jun 2021
Zvi Schreiber’s voice in public audio — every appearance, attributed to the second.
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Appearances
I mean, shipping is breaking new records of volumes and prices as we speak.
We track that.
We also provide the data feed for daily shipping prices.
It's called the FBX Index.
And that's being quoted a lot in the press at the moment because those prices are up 200%.
depending on the routes, 250% or more year on year.
So funnily enough, as things recovered, this has actually been a great time for shipping and a great time for our business.
So that is the – if you're looking at the headline, I'm just pulling it up as well.
If you're looking at the headline figure, yeah, that is the average price across all trade lanes, the average price for shipping a 40-foot container on any long haul.
So it could be China to America, China to Europe, transatlantic, and then we break it down by trade lanes.
But that's just the average price per
worldwide for shipping a 40-foot container, which is the most common size.
To give you an idea, a year ago, that was $1,300.
So that's like tripled, more than tripled.
That was, yeah, it wasn't, yeah, yeah, exactly, exactly.
Well, first of all, to be fair, that's more than a blip.
Going up from 1,400 to 2,200 is in itself a very nice increase of almost 50%.
So COVID, the second half of last year did have a positive impact.
It did drive prices up.
But as you say, not nearly as dramatically as we've had in the last half year.
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