News / Good news for carriers on the transpacific with rates boost from April GRIs

Container spot freight rates on the Asia-North America routes are set to see double-digit increases next week, according to today’s reading of the Shanghai Containerised Freight Index (SCFI)

The rises anticipate a series of general rate increases in the trade, and come as carriers are beginning to see utilisation levels rise after the traditional post-Chinese New Year slump.

According to today’s SCFI, China-US west coast rates are set to grow 22.3%, to $1,626 per feu, while rates on the China-US east coast ...