Carriers Are Facing The ‘Quiet Before The Storm’ For Contract Rates

Capt. John
Credits: Guillaume Bolduc/Unsplash

A year ago, shippers were desperate to agree annual contract deals with ocean carriers  to secure their supply chains, and were prepared to do, and pay, ‘whatever it took’. And carriers were holding ‘beauty contests’ to determine the most attractive large-volume BCOs to be included in their exclusive customer portfolios, reports The Loadstar.

180-degree turn – world economies

But 12 months on, the container liner shipping market has seen an 180-degree turn –...

https://mfame.guru/carriers-are-facing-the-quiet-before-the-storm-for-contract-rates/

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