The Xeneta Shipping Index by Compass or XSI-C is an EU BMR compliant container rates index.The index serves as an open, free and transparent source of short-term FAK (freight all kind) rates for a standard 40 foot container across 8 global trade corridors.Xeneta also publishes a free monthly Index Report that focuses on the long-term contract market.XSI-C displays daily average rates with a 2-day lag. The index levels are calculated and monitored by Compass Financial Technologies and are published every weekday at 4:15PM London time.Source of DataThe rates offered by the index are based on Xeneta's vast collection of anonymized and aggregated rate data provided by hundreds of shippers and freight forwarders that covers most global ocean freight corridors.Our data collection and processing are compliant with EU BMR, with a Code of Conduct fully in line with the EU BMR regulations.For more infomation about the index and how it works, see the complete overview of the XSI-C methodology.Included ChargesRates provided under XSI-C include all charges typically required to ship a container (fuel, security, etc.), as well as terminal handling charges on certain corridors.The index does not include any charges associated with dangerous goods, heavy or otherwise special equipment, as well as any pre-carriage or on-carriage charges or fees associated with premium or guaranteed services.Covered CorridorsThe index currently provides access to daily average short-term container rates across 8 largest global trade corridors:Far East - North EuropeNorth Europe - Far EastFar East - US West CoastUS West Coast - Far EastFar East - South America East CoastNorth Europe - US EastUS East Coast - North EuropeNorth Europe - South America East CoastNote that the North Europe region does not include UK ports due to significant rate difference. Exluding UK ports allows us to make sure that XSI-C provides the most accurate representation of the market.