Container Freight Conditions for 2025

2024 was a challenging year for anyone managing container freight exposures for either inbound or outbound cargo. Volatility with a capital “V” has been the rule.

Export
Freight
Freight and logistics costs
Import
Logistics

In October 2023, average global 40-foot container rates plunged to a low of USD 1,342 per box. From that low point, rates then steadily climbed, reaching a record high of USD 5,900 per container in July 2024. The 2nd half of 2024 has witnessed a sharp downward correction, with prices in early December hovering around USD 3,200 per 40-foot box.

Greg Wittbecker

Veteran aluminum executive Greg brings over 40 years of leadership experience from Alcoa, Cargill, and CRU. He offers rare depth in commercial strategy, policy analysis, and industry evolution, with expertise spanning the trading floor to the boardroom. You can reach Greg at Greg.Wittbecker@crugroup.com or 865-621-4564.