Disclaimer: The information provided on the Timber Exchange Market Data Hub is sourced from a variety of publicly available data sources and confidential sources that have not been independently verified. Timber Exchange is not responsible for any expenses, damages, losses, or costs incurred as a result of using or relying on the information provided on this site. By using the Timber Exchange Market Data Hub, you agree to use the information at your own risk and acknowledge that any decisions made based on the information provided are done so solely at your own risk.
Transpacific Eastbound freight rates start 2025 with significant gains

Transpacific Eastbound freight rates start 2025 with significant gains

Posted on January 6, 2025   |  

Container freight rates on the transpacific eastbound trade have risen sharply in early 2025 due to GRIs and strong demand.

Drewry’s World Container Index (WCI) reports a 7% week-on-week increase for the Shanghai-Los Angeles route, reaching $4,829 per 40ft, which is 77% higher than last year.

The Shanghai-New York leg of the WCI grew 6% week on week, reaching $6,445 per 40ft, 67% higher than the same time in 2024.

Transpacific spot rates have increased by 38% for the US west coast and 23% for the east coast in the last four weeks.

Carrier GRIs, ranging from $1,000 to $3,000 per 40ft, took effect on 1 January and may further impact rates in the coming week.

Global carriers entered 2025 with stronger pricing, with today’s WCI rate 46% higher than in early 2024.

Asia-Europe rates have remained stable, while US-bound rates have seen significant growth.

CMA CGM and MSC have added surcharges for US shipments, including a $2,000 peak season surcharge by CMA CGM and a $2,000 emergency surcharge by MSC for the east coast.



Previous Next