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Shipping Rates Soar ¨C June Peaks Hit $6,000/FEU as Carriers Roll Out Massive Surcharges

Views: 0     Author: Site Editor     Publish Time: 2025-05-16      Origin: Site

Major carriers have announced steep rate hikes on US routes, with June rates reaching $6,000+/FEU as peak season demand collides with tariff uncertainty.


Confirmed Carrier Increases

Carrier Effective Date Rate Hike (40¡¯) New Total Rate (40¡¯)
Matson May 22 +$1,500 5,200¨C5,200¨C5,800 (China¡úUS)
MSC June 1 +1,600¨C1,600¨C2,000 (PSS) $6,000 (LAX/LGB/OAK)
Hapag-Lloyd June 1 +$3,000 6,300¨C6,300¨C6,800
CMA CGM June 1¨C14 +2,100¨C2,100¨C2,500 6,100(West)/6,100(West)/7,100 (East)
ONE May 21 + June 1 +1,000(FAK)+1,000(FAK)+2,000 (PSS) 5,900¨C5,900¨C6,400
Evergreen May 15¨C31 + May 23 +700(GRI)+700(GRI)+1,500 (PSS) 5,700¨C5,700¨C6,200
COSCO/HMM May 15 +800¨C800¨C1,000 5,500¨C5,500¨C6,000

HPL

Why Rates Are Exploding

  1. Tariff Window Rush:

    • US importers scramble to ship before post-90-day tariff hikes (August 2025).

    • Maersk confirms "unprecedented demand" for pre-deadline cargo.

  2. Capacity Crunch:

    • Carriers enforce blank sailings (12% of May capacity cut) to sustain high rates.

  3. Peak Season Prep:

    • Retailers rebuild inventories after Q1 slowdown ¡ú 20% YoY volume spike projected.


Shipper Action Plan

? Lock contracts now ¨C Further June hikes likely if demand holds.
? Consider alternatives:

  • Air freight for urgent goods ($8¨C12/kg vs. sea delays).

  • US East Coast ports to avoid West Coast congestion (but +$1,000/FEU).
    ? Verify surcharges: PSS/GRI calculations vary by carrier.


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