Loading…
Waypoint's November 2024 update reports stable West Coast transpacific rates and tight East and Gulf Coast capacity ahead of a GRI. Far East westbound capacity tightened through blank sailings, raising rates.
Transatlantic westbound rates stabilised on tight supply, and proposed US tariffs on Mexico, Canada, and China prompted inventory build-ups.
Tightening capacity and rising rates on key lanes raise the cost of moving imported goods, and tariff-driven front-loading could sustain freight demand into early 2025.
waypointcommodities.comDec 3, 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.
