FBX Index January 2023: Market Summary

The FBX Global index was stable to start the year, ticking up 2% to $2,214/FEU in January, as slowing declines on the Transpacific coincided with some rebound in Asia – N. Europe rates. This rate is 77% lower than a year ago, but still 38% higher than in 2019. Transpacific rates fell moderately this month. …