What is the FBX?

What is the FBX?

FBX stands for Freightos Baltic Index. It’s the industry benchmark for ocean freight rates on 40' containers (FEUs), produced with the Baltic Exchange and calculated daily (Mon–Fri). You’ll see a global composite plus 12 regional trade‑lane indices.


What makes FBX different is the data behind it. Instead of surveys, FBX is built from aggregated, anonymized, real‑time transactions from carriers, forwarders, and shippers on WebCargo by Freightos. It isn’t hand‑edited or “smoothed” - it reflects the same live rates used commercially.


In Terminal, you can view daily FBX values, track trends, and benchmark your lanes. Historical depth varies by plan.


Want the full methodology? Read the Baltic Exchange’s Guide to FBX here.


Questions? Use in‑app chat or email terminal@freightos.com

    • Related Articles

    • Can I try out other features and solutions of Terminal before upgrading?

      Yes - two easy ways: Book a short demo: Get a tailored walk-through of pricing (FBX/FAX), transit times, market events, history depth, My Routes, and Enterprise options like exports, index‑linking, and compliance. Create a free account: Pick 2 FBX ...

    • How do I use Freightos Terminal?

      Freightos Terminal is a market‑intelligence and rate benchmarking platform for global freight. It aggregates anonymized and aggregated contract and spot transactions plus operational signals (e.g., transit times and port performance) to deliver ...

    • Index Linking on Freightos Terminal

      Index‑linked freight contracts keep rates aligned with the market, so you’re not stuck renegotiating every time prices swing. Instead of a fixed number, the contract references a benchmark - like “97% of FBX01” - and updates on a set schedule ...

    • How many trade lanes do I have access to on a free plan?

      After you sign up, you’ll be prompted to pick the ocean and air lanes you want to track. Free plan access 2 FBX (ocean) lanes 2 FAX (air) lanes Once saved, your 4 lane selections can’t be changed. Free users also have access to daily rates, transit ...

    • What ports and airports are considered for each region?

      Freightos Terminal groups lanes into defined regions for both ocean (FBX) and air (FAX). The FBX flagship index is a weighted average of 12 regional route indices. Each region is defined by a specific list of ports or airports. Ocean (FBX) regions: ...