# Waypoint

> 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.

- Date: 2024-12-03 · published 2024-12-03T12:00:00.000Z
- Category: logistics · region Global · magnitude medium
- Page: https://feedsoft.ai/events/16982-waypoint
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

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.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- waypointcommodities.com: https://www.waypointcommodities.com/news/november-2024-market-update-fertiliser-freight

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.