{"id":11092,"date":"2024-12-11T13:53:07","date_gmt":"2024-12-11T13:53:07","guid":{"rendered":"https:\/\/axxessintl.com\/container-rates-buoyed-by-tariff-strike-threats\/"},"modified":"2024-12-11T13:54:10","modified_gmt":"2024-12-11T13:54:10","slug":"container-rates-buoyed-by-tariff-strike-threats","status":"publish","type":"post","link":"https:\/\/axxessintl.com\/en\/container-rates-buoyed-by-tariff-strike-threats\/","title":{"rendered":"Container Rates Buoyed by Tariff, Strike Threats"},"content":{"rendered":"<p><span data-teams=\"true\">The dual threats of tariff hikes and port strikes continue to buttress ocean freight rates through what is historically a post-peak trough.<\/span><!--more--><\/p>\n<p><span data-teams=\"true\">Asia to U.S. West Coast rates fell 4% to $4,905 per forty-foot equivalent unit while Asia-U.S. East Coast prices climbed 13% to $6,095 per FEU for the week that ended on Friday, according to the Freightos Baltic Dry Index.<\/span><\/p>\n<p>Some frontloading ahead of\u00a0a possible strike by the International Longshoremen\u2019s Association after an extension of the coastwise master contract expires on January 15, \u201cand expectations of tariff increases\u00a0next year have kept transpacific ocean rates elevated to start December, with rates to the West Coast \u2013 even before the Lunar New Year 2025 rush \u2013 already above their pre-Lunar New Year 2024 highs seen back in January at the start of the\u00a0Red Sea crisis,\u201d wrote Judah Levine, head of research for Freightos. \u201cSome carriers are reportedly introducing significant general rate increases (GRI) to try to push rates higher to start the month.\u201d<\/p>\n<p>Levine noted that, while the arrival window to move shipments from Asia to the East Coast before the strike deadline is closing, \u201ca significant amount of inventories were already built up from frontloading ahead of the October strike, and there is likely still a runway of at least several months before tariffs go into effect.\u201d<\/p>\n<p>That could make early-December rate increases difficult to sustain, he said, though prices could increase later in the month or early in January ahead of Lunar New Year.<\/p>\n<p>Read more in an <a id=\"menur2ml\" class=\"fui-Link ___1q1shib f2hkw1w f3rmtva f1ewtqcl fyind8e f1k6fduh f1w7gpdv fk6fouc fjoy568 figsok6 f1s184ao f1mk8lai fnbmjn9 f1o700av f13mvf36 f1cmlufx f9n3di6 f1ids18y f1tx3yz7 f1deo86v f1eh06m1 f1iescvh fhgqx19 f1olyrje f1p93eir f1nev41a f1h8hb77 f1lqvz6u f10aw75t fsle3fq f17ae5zn\" title=\"https:\/\/ciffa.apms5.com\/anywhere\/m?s=ciffa&amp;m=s_9bb465aa-56a6-4d3d-90e4-41be6d10cf8b&amp;u=e1jq4wvfdtfm8dhg6n1k4hj45n2mad255mu36ha25n13ada35mt3jc1m6rtm8cj370uk8&amp;r2=d1u78w3k78qjyxvqewq6cwk5d5kpgx3qc5v6awtecdqpubvecnvq6bv3dxq78rb9dtjq4bbjc5u6awtdc9upyyb5cgpp4y9dehgq4ub6crpq6x3jd5npabbmd1t6arbmec&amp;n=5\" href=\"https:\/\/ciffa.apms5.com\/anywhere\/m?s=ciffa&amp;m=s_9bb465aa-56a6-4d3d-90e4-41be6d10cf8b&amp;u=e1jq4wvfdtfm8dhg6n1k4hj45n2mad255mu36ha25n13ada35mt3jc1m6rtm8cj370uk8&amp;r2=d1u78w3k78qjyxvqewq6cwk5d5kpgx3qc5v6awtecdqpubvecnvq6bv3dxq78rb9dtjq4bbjc5u6awtdc9upyyb5cgpp4y9dehgq4ub6crpq6x3jd5npabbmd1t6arbmec&amp;n=5\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"Lien article from American Shipper\"><u>article from American Shipper<\/u><\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The dual threats of tariff hikes and port strikes continue to buttress ocean freight rates through what is historically a post-peak trough.<\/p>\n","protected":false},"author":15,"featured_media":10817,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56],"tags":[1290],"types-de-nouvelles":[],"class_list":["post-11092","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-freight-news","tag-international-longshoremens-association-en"],"_links":{"self":[{"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/posts\/11092","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/comments?post=11092"}],"version-history":[{"count":1,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/posts\/11092\/revisions"}],"predecessor-version":[{"id":11093,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/posts\/11092\/revisions\/11093"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/media\/10817"}],"wp:attachment":[{"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/media?parent=11092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/categories?post=11092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/tags?post=11092"},{"taxonomy":"types-de-nouvelles","embeddable":true,"href":"https:\/\/axxessintl.com\/en\/wp-json\/wp\/v2\/types-de-nouvelles?post=11092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}