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2025

DATE

05 - 14

Shipping Rates Surge: Carriers Impose GRIs Up to $3,000 as Peak Season Looms

Key Developments:Major GRIs Announced:$1,000/FEU: ONE$2,000/FEU: CMA CGM, Yang Ming, ZIM$3,000/FEU: COSCO, HMM, Hapag-Lloyd, EvergreenEffective May 15:June 1: All 7 carriers will reapply identical GRIs.Tariff-Driven Demand Spike:US-China tariff cuts (115% reduction) + 90-day grace period trigger ear

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