FBX Index April: Current Market Summary The Freightos Baltic Global Container Index (FBX) fell 3% this month to $4,155/FEU, still nearly triple its level this time last year, as most of the month prior to the Suez Canal incident was characterized by some small easing of conditions along the supply chain. On the transpacific, port congestion and delays continue to be a problem, though the number of container ships waiting outside the ports of LA and Long Beach has subsided somewhat from its peak last month and there are reports that it is getting easier for shippers to secure capacity out of Asia to the US. Some of the easing may be due to shippers and carriers seeking alternate US destinations for volumes normally bound for southern California.