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China-US freight shipping rates stabilize at lower levels as December bookings slow
Carriers implement frequent small rate hikes despite spot freight rates near November lows as shippers resist amid weak demand and overcapacity on the China-US transpacific route.
- This month, ocean carriers pushed small December increases and are rolling out smaller, more frequent GRIs to nudge rates as spot China–U.S. freight levels trade near late‑November floors.
- Importers' front‑loading amid tariff uncertainty has cooled year‑end demand, while persistent overcapacity and abundant vessel capacity undermine carriers' efforts to raise transpacific trade lane rates.
- TFX data show week‑over‑week drops of ~15% to USWC and ~16% to USEC, with month‑over‑month China→USWC rates falling almost 24%, Freight Right's TrueFreight Index indicates.
- Carriers expect to press micro‑GRIs into the second half of December, but shippers are negotiating rates back toward pre‑GRI levels, limiting sustained gains.
- China's trade figures show a $1 trillion surplus even amid shrinking U.S. exports, while Europe's steadier demand fails to offset transpacific weakness and U.S. tariff politics drive relief talks.
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28 Articles
The Billings Gazette+27 Reposted by 27 other sources
China-US freight shipping rates stabilize at lower levels as December bookings slow
Freight Right Global Logistics reports China-US shipping rates stabilize lower as December bookings slow, reflecting changes in global trade dynamics.
·Billings, United States
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Total News Sources28
Leaning Left1Leaning Right1Center21Last UpdatedBias Distribution91% Center
Bias Distribution
- 91% of the sources are Center
91% Center
C 91%
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