Frontloading by shippers ahead of Lunar New Year helped boost container rates on trans-Pacific services to the United States as 2025 got underway.
“Transpacific container rates climbed sharply to start the year on GRIs [general rate increases] supported by pre-Lunar New Year demand,” wrote Judah Levine, head of research, in a weekly update for analyst Freightos.
The Freightos Baltic Index found Asia-U.S. West Coast prices increased 23% to $5,929 per forty-foot equivalent unit for the week ended...
https://www.freightwaves.com/news/container-shipping-from-asia-to-the-u-s-just-got-more-expensive