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January 15, 2025
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According to FreightWaves, container shipping rates from Asia to the U.S. rose significantly at the start of 2025, driven by shippers frontloading goods ahead of Lunar New Year. The Freightos Baltic Index reported a 23% increase in Asia-U.S. West Coast rates and a 13% rise for East Coast routes, unrelated to ongoing labor negotiations at U.S. ports.