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Ray of Light
e-Bid Freight Index (EBI)
EBI is independently calculated by Lean Energy Corporation (LE) using bidding data from e-Bid Freight, an international logistics platform operated by LE, as well as other external sources.
EBI 2024Q4.png
Notes;
  • This index was initially calculated by LE using bidding data from LE's international logistics platform, e-Bid Freight, along with additional external sources.
  • TC1, TC2, and TC3 are based on regional divisions as defined by IATA.
    • TC1 encompasses the Americas, including North, Central, and South America.
    • TC2 includes Europe, the Middle East, and the African continent.
    • TC3 covers Asia.
  • The index is derived from the total cost of airfreight, inclusive of Fuel Surcharge and Security Surcharge.
  • Data for Q2 2020 (April–June 2020) may be excluded due to the expansion of COVID-19 and insufficient valid data during this period.
  • The Mid range of Q1 2020 is set as the baseline (index value = 1) for all subsequent index calculations.

Download EBI full report

Wave
SCFI / CCFI(Changed to CCFI in February 2021)
This is an index of ocean container freight rates from Shanghai and China published by the Shanghai Shipping Exchange.
Notes;
  • SCFI: Shanghai Containerized Freight Index 
    CCFI: China Containerized Freight Index
  • TEU: Twenty-Foot Equivalent Unit
  • FEU: Forty-Foot Equivalent Unit
  • USEC: New York, Savannah, Norfolk, Charleston
  • USWC: Los Angeles, Long Beach, Oakland
  • Europe: Hamburg, Antwerp, Felixstowe, Le Havre 
  • The freight rate includes ocean freight and surcharges, i.e.: 1.BAF/FAF/LSS, 2.EBS/EBA, 3.CAF/YAS, 4.PSS, 5.WRS, 6.PCS, 7.SCS/SCF/PTF/PCC
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