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.