Container spot freight rates on the transpacific eastbound trade have increased notably at the start of 2025, driven by recent general rate increases (GRIs) and steady demand. Over the past four weeks, transpacific rates have risen by 38% to the U.S. West Coast and 23% to the East Coast. Globally, container rates are up 46% compared to last year, indicating a positive start in 2025.
Meanwhile, labor negotiations between the International Longshoremen’s Association (ILA) and the United States Maritime Alliance (USMX) are scheduled to resume on January 7. These discussions come shortly before the January 15 expiration of the master contract, raising the possibility port strike should no agreement be reached.
Preparing for potential disruptions, carriers such as Maersk Line, CMA CGM, and Hapag-Lloyd have introduced surcharges earlier than anticipated.