Some frontloading ahead of a possible ILA port strike after January 15th and expectations of tariff increases next year have kept transpacific ocean rates elevated to start December, with rates to the West Coast – even before the Lunar New Year 2025 rush – already above their pre-LNY 2024 highs seen back in January at the start of the Red Sea crisis.
Some carriers are reportedly introducing significant GRIs to try and push rates higher to start the month.
But the arrival window to move shipments...
https://container-news.com/asia-europe-rates-climbing-on-december-gris/