Container Shipping Cost Calculator [2024] - Freightos (2024)

How to Instantly Calculate Your Container Costs and Determine Your Freight Rates

Our free container shipping calculator delivers accurate container rate estimates. Just tell us about your shipment to get an estimate from the world’s largest freight rate database. Then join Freightos to compare, book, and manage your upcoming shipments using our freight rate calculator.

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The Digital Freight Shipping Platform With a Free Container Shipping Cost Calculator

Container Shipping Cost Calculator [2024] - Freightos (2)

Refreshingly easy logistics management with milestone tracking and proactive issue resolution from vetted providers you can trust.

Container Shipping Cost Calculator [2024] - Freightos (3)

Our Freight Team is available to help with every step of your shipment process, from documentation to delivery specifics.

Container Shipping Rates Chart and Prices

Below is a port-to-port container shipping rates chart for cost ranges of common international shipping destinations (from Shanghai, China):

Destination Country20’ Container40’ Container
United States (Los Angeles)$1,236$1,654
United States (New York)$2,231$3,075
United Kingdom (Felixstowe)$1,320$2,005
Germany (Bremerhaven)$983$1,759
Australia (Melbourne)$988$1,479

You can view live international freight rates, prices, and trends, updated daily from the world’s largest freight rate index on theFreightos Baltic Index (FBX).

Week of May 28th, 2024 Container Shipping Rates and Prices

Ocean rates – Freightos Baltic Index:

  • Asia-US West Coast prices (FBX01 Weekly) increased 13% to $4,917/FEU
  • Asia-US East Coast prices(FBX03 Weekly) climbed 18% to $6,323/FEU.
  • Asia-N. Europe prices(FBX11 Weekly) climbed 6% to $4,876/FEU.
  • Asia-Mediterranean prices(FBX13 Weekly) increased 3% to $5,637/FEU.

Ocean Freight Rates and Trends:

  • Carrier Adjustments and Red Sea Diversions Impact: Increased vessel speeds and transshipment reliance to maintain container schedules.
  • Supply Side Challenges: Congestion, port omissions, delays, missed departures, and decreased empty equipment availability.
  • Demand and Rate Dynamics: Stable demand until May, unexpected increase in demand, congestion worsening, resulting in equipment shortages and rate spikes.
  • Rate Trends by Route: Asia-North America rates nearing peak levels, East Coast and North Europe rates up 50% in May, with intra-Asia rates climbing.
  • Comparison with Pandemic Disruptions: Volume increases without surges, port strategies in place to handle demand, potential for disruptions to decrease once peak season subsides.
  • Potential Shifts to Air Cargo: Disruptions in ocean logistics may drive some volumes to air cargo, stable rates observed in May but potential for increased demand.
  • Impact on Sea-Air Cargo Dynamics: Ocean disruptions driving sea-air demand, rebounding air cargo rates in Middle East, but potential decrease in attractiveness due to port congestion and ocean rate spikes.

Air Cargo Trends:

  • High rates from China to the US and Europe due to increased volumes and a shift to the spot market.
  • Ongoing pessimism about a sustained air cargo rebound.

As a marketplace for international container shipping,Freightos.comleverages volumes of live pricing data from vetted logistics providers on our platform.

Use the cost calculator and keep up to date with container shipping pricing trends to get a better idea of what your total landed costs will be.

  • China – N. America weekly prices decreased 3% to $5.69/kg
  • China – N. Europe weekly prices stayed level at $4.02/kg.
  • N. Europe – N. America weekly prices fell 1% to $1.73/kg.

How Much Does It Cost to Ship 20FT and 40FT Containers?

When comparing prices for container shipping and transport, the size of the container will affect the price.

While there are over a dozen different-sized containers, 20-foot (TEU) and 40-foot (FEU) containers are the most frequently used.

20-Foot Container Shipping Costs:

What fits in aTEUwill determine the cost of shipping. The cost also depends on the type of goods transported and how efficiently these can be packed and loaded into the container.

The dimensions of a TEU are as follows:

  • Length: 19.4 ft (5.9 m)
  • Width: 7.7 ft (2.35 m)
  • Height: 7.9 ft (2.39 m)

Therefore, the total cubic capacity of a TEU is 1,172 cu ft (33.2 m3) and the payload capacity is 55,126.9 lbs (25,000 kg).

This means that a 20-ft container can generally accommodate 9-10 standard pallets.

40-Foot ContainerShipping Costs:

An FEU has double the capacity of a TEU but is not charged at double the price.

If you want to ship a 20-foot container instead of a 40-foot container, it’s worth noting that the latter usually costs just 20-25% more than the former.

These are the dimensions of a FEU:

  • Length: 39.5 ft (12.03 m)
  • Width: 7.7 ft (2.35 m)
  • Height: 7.9 ft (2.39 m)

The total cubic capacity of an FEU is 2,389 cu ft (67.7 m3) and the payload capacity is 61,200 lbs (27,600 kg).

This means you can fit between 20-21 standard pallets in an FEU.

How Are Container Shipping Prices, Rates & Transport Costs Calculated?

Container shipping rates and prices are determined by the form of the cargo, the mode of transport, the weight of your goods, and the distance and popularity of the delivery destination from the point of origin.

Understanding the total cost of importing or exporting your goods is vital to determining the total landed cost of the goods and what your bottom line will be. Check out the Container Shipping Cost Calculator to help you estimate what it will cost to ship your goods.

How Much Does It Cost to Ship From China/Central Asia to the United States?

The cost of container shipping initially increased dramatically with the pandemic but fell sharply over the course of 2022.

Rates in early 2023 have dipped below $2,500, bringing them back to levels not seen since June 2020.

Container Shipping Cost Calculator [2024] - Freightos (4)
Container Shipping Cost Calculator [2024] - Freightos (2024)

FAQs

What is the freight rate in 2024? ›

Freight rates slumped to their lowest level on the 26th of October 2023, when the going rate for a 40-foot container was only 1,342 U.S. dollars. Since then, the global freight rate has gradually increased, hitting over 4,200 U.S. dollars in May 2024, the highest value on record.

How much does it cost to ship a 40ft container? ›

Cost of Shipping a 40 ft Container

The prices to ship a 40 ft container can vary from $1,865 to $13,080. Looking to Relocate? Choose the size of your move below to receive up to 5 free moving quotes!

How do you calculate container freight rate? ›

Container shipping rates and prices are determined by the form of the cargo, the mode of transport, the weight of your goods, and the distance and popularity of the delivery destination from the point of origin.

How much does it cost to ship a 40-foot container from China to the USA? ›

FCL shipping goods in a 40-foot container via the China-USA route range from $4,200 to $7,800. Container space price or LCL shipping will cost $1.1 – $2.1/kg. It is crucial to consider the shipment, weight, volume, and type of products.

What is the logistics forecast for 2024? ›

Global e-commerce sales are on pace to reach $6.3 trillion in 2024. Such a surge in online shopping has led to an increase in the overall volume of shipments, pressuring logistics companies to deliver faster and more efficiently.

What is the LTL outlook for 2024? ›

LTL rates are expected to remain relatively stable in 2024, with potential for modest increases – or even slight – decreases depending on specific segments and market conditions.

What is the cheapest way to ship a container? ›

The Cheapest Way to Move a Shipping Container: Sea Freight
  • Ocean freight is the cheapest way to move a shipping container. ...
  • Sea freight is the most cost-effective mode of transportation, regardless of the number of items transported.

How do I calculate freight charges? ›

Five key things to consider when calculating freight costs
  1. Freight weight, dimensions, or volume. The volume of the cargo is a critical factor. ...
  2. Shipping origin and destination. ...
  3. Freight class and density. ...
  4. Type of goods. ...
  5. Economic conditions.

What is the cost of 40 ft container? ›

MS 40 Feet Shipping Container at Rs 140000/unit in New Delhi | ID: 14663678462.

What is the formula for calculating shipping costs? ›

Most shipping carriers use a pricing method known as dimensional weight to calculate the rates they offer. This is calculated by multiplying the length, height, and the width of the package. A standard divisor is then used for dividing the figure above.

How many cars can fit in a 40 ft container? ›

Typically, a 40-foot shipping container can hold 2-4 cars depending on their sizes, it could be a combination of a sedan and a pickup truck, or 2-3 SUVs, or 3-4 small sedan cars. Specialized equipment, such as ratchet straps and load bars, is typically used to secure the vehicles in place.

What is the freight rate for shipping? ›

Freight rate refers to the cost of shipping an item from one location to another. There are several factors that impact final freight rates, such as an item's weight, size, NMFC code, freight class, and more. Additionally, there are other factors that influence a shipment's cost that constantly fluctuates.

How much does it cost to ship a 40 foot container from China to India? ›

In addition, 40 feet containers can hold up to 44000 pounds or 19958 KG of cargo, or about 19 standard pallets. The 40 feet container shipping cost from China to India is around $ 4000.

What is the cheapest way to ship from China? ›

Find the Cheapest Way to Send a Package to the US with Easyship
CourierDelivery TimeTotal Cost
SF Express - Standard Express4 - 7 working days$59.66
UPS Worldwide Saver®1 - 2 working days$65.41
UPS Worldwide Expedited®3 - 7 working days$70.27
Aramex - Parcel7 - 10 working days$70.73
10 more rows
Mar 13, 2024

What is the freight rate index? ›

A freight rate index collects pricing information from multiple carriers, shippers or forwarders at regular intervals to calculate a benchmark or market rate for freight for any given shipping lane and provide visibility into freight rates for interested parties.

What is the outlook for the shipping industry in 2024? ›

For the year 2024, it is estimated that the maritime shipping market size in dollars will be in the vicinity of US$381.69 billion; in 2029 it is expected to reach US$ 471.81 billion, being, the fastest-growing market: Asia Pacific. The global container fleet has grown in size to meet this demand.

What is the spot rate for trucking in 2024? ›

Average dry van trucking rate

As of May 2024, the average spot rate for a dry van was $2.02 per mile, or $2.44 per mile as a contract rate.

Will trucking get better in 2024? ›

If not by fall 2024, most trucking industry forecasts report the market is due to improve for carriers by spring 2025. Not quickly or all at once, but it's on the way to recovery. The number of trucking companies is down, which is restoring the balance for those who can haul.

What is the outlook for air cargo in 2024? ›

While the robust demand for air cargo carried over to the second quarter of 2024, growth started slowing down over the past three months. Cumulatively, the industry counted 85.3 billion CTKs year-to-date (YTD) in April, denoting a 12.7% increase compared to 2023 and 1.4% relative to the 2022 value (Chart 2).

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