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By the end of 2013, high-cube 40 ft containers represented almost 50% of the world's maritime container fleet, according to Drewry's Container Census report. [ 47 ] About 90% of the world's containers are either nominal 20-foot (6.1 m) or 40-foot (12.2 m) long, [ 6 ] [ 48 ] although the United States and Canada also use longer units of 45 ft ...
The index measures global container freight rates [4] by calculating spot rates for 40-foot containers on 12 global tradelanes. [5] It is reported around the world as a proxy for shipping stocks, and is a general shipping market bellwether .
40 foot container. A shipping container is a container with strength suitable to withstand shipment, storage, and handling. Shipping containers range from large ...
A few ships (APL since 2007, [44] Carrier53 since 2022 [45]) can carry 53 foot containers. 40 foot containers are the primary container size, making up about 90% of all container shipping and since container shipping moves 90% of the world's freight, over 80% of the world's freight moves via 40 foot containers.
On the other hand, Intermodal container shipping rates depend heavily on the route taken over the weight of the cargo, just as long as the container weight does not exceed the maximum lading capacity. Prices can vary between $300-$10,000 per Twenty foot equivalent unit (TEU) depending on the supply and demand of a given route. [3]
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