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International shipping and logistics market update - Week 1/2025
Update on international shipping and logistics markets for Asia, Europe and North America in Week 1/2025.
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International shipping and logistics market update - Week 1/2025
Drewry’s World Container Index for the week of 1/2025 increased by 3% compared to week 51, reaching USD 3,905/FEU. This freight rate index is 175% higher than the average of 2019 before the pandemic (USD 1,420).
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Drewry’s World Container Index Week 1/2025 (Photo: Phaata | Source: Drewry)
1. Asia - Northern America route
Ocean freight rates from Asia to the West Coast of North America in week 1/2025 increased sharply by 24.41% compared to the previous week, to USD 5,672/FEU; this price increased by 37.30% compared to the previous month, according to Xeneta data.
Shipping lines have applied the Peak Season Surcharge (PSS) since January 2025.
Shipping lines have implemented many blanked sailings, limiting supply to a moderate level in December 2024, with 92% of available capacity. In January 2025, the expected capacity is 97%. Additional blanked sailings are likely to be announced in January and February due to the impact of the Lunar New Year and network changes on the transpacific trade.
There are currently no significant equipment quality (EQ) issues at Asian ports.
ILA negotiations and tariff actions remain the main pressures on rates and capacity on the trade.
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Asia-US West Coast Freight rate | Week 1/2025 (Image: Phaata.com)
2. Asia - Northern Europe route:
Freight rates from Asia to North Europe in week 1/2025 decreased by 1.87% compared to week 51, to USD 4,943/FEU. This rate increased by 1.33% compared to the previous month, according to Xeneta data.
Equipment shortages are occurring sporadically at major ports in China but are still manageable. For shippers who need to secure space and an expected time of departure (ETD) can consider choosing the "premium" service of the shipping lines.
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Asia-Northern Europe Freight rate | Week 1/2025 (Image: Phaata.com)
3. Northern America - Asia route:
Freight rates from North America (West Coast) to Asia in week 1/2025 increased by 0.29% compared to the previous week to USD 694/FEU. This rate increased by 2.06% compared to the previous month, according to Xeneta data.
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US West Coast - Asia Freight rate | Week 1/2025 (Image: Phaata.com)
4. Northern Europe-Asia route:
Freight rates from North Europe to Asia continued to decline slightly in the week of 1/2025 decreased by 3.80% compared to week 51/2024, down to USD 329/FEU; this price decreased by 2.08% compared to the previous month, according to Xeneta data.
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Northern Europe - Asia Freight rate | Week 1/2025 (Image: Phaata.com)
Find Freight rates here.
Find Logistics Companies here.
See more:
- Top 12 Most Notable Topics in Air Transport in 2024
- Port of Oakland Expects to Return to Pre-Pandemic Volumes
- Early Tet demand continues to put pressure on container rates on Asia-US trade
- DSV forecasts flat air freight demand and capacity in 2025
- Shanghai Sea-Rail Container Transport Hits 900,000 TEUs
- Fitch Upgrades Global Container Shipping Outlook
- Growing demand could drive up air freight costs for shippers by 2025
- Maersk: Lunar New Year, labor disputes and port congestion to challenge European shipping market in 2025
- Korean Air Completes Asiana Airlines Acquisition After Delays
- IATA: Air cargo volumes forecast to grow 5.8% in 2025
- Air Cargo Takes ‘Wait-and-See’ Approach to US Tariffs and Positive Demand Outlook for 2025
- Global Shipping Market Faces Growing Challenges
- Structure and market share of shipping alliances change in 2025
- ZIM Updates Trans-Pacific Network
- Asia-Europe Rates Rise with December GRIs
Source: Phaata.com
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7
Days Transit
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CÔNG TY TNHH SHIP LINK VIỆT NAM
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16
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3.8
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VIPUTRANS
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3
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Valid till: 2024-10-31
CÔNG TY CP PROSHIP
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Hour
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- $155.39 / 40'GP
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1
Day
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CÔNG TY TNHH THƯƠNG MẠI DỊCH VỤ 3N
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