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Freightos Baltic Index weekly ocean rates rose 8% to $4,825/FEU on Asia-US West Coast and 3% to $6,116/FEU on Asia-US East Coast. Asia-North Europe rose 4% to $5,155/FEU, while Asia-Mediterranean fell 4%.
Air freight rates on China lanes fell.
Higher container rates ahead of Lunar New Year and January GRIs signal upward pressure on import logistics costs, with Red Sea diversions keeping rates elevated.
freightos.comJudah LevineDec 30, 2024Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
