GSCW chat recap: Expect detention and demurrage discussion during contract talks

This fireside chat recap is from Day 8 of FreightWaves’ Global Supply Chain Week. Day 8 focuses on global maritime logistics.

FIRESIDE CHAT TOPIC: Crafty ideas for beneficial cargo owners (BCOs) for next-gen contracting

DETAILS: What should a BCO be focusing on during the contract negotiation season? 

SPEAKERS: Steve Ferreira, CEO of Ocean Audit, and Jack Conaghan, AutoZone’s director of logistics

BIOS: Ferreira founded Ocean Audit, a company that focuses on auditing the ocean freight supply chain...

https://s29755.pcdn.co/news/expect-detention-and-demurrage-discussion-during-contract-talks

Commentary: Playing the spot market

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.

Relational or transactional. One of those words describes the interactions between supply chain partners. Relational applies to a steady, long-term interaction typically codified in a well-defined service contract. Transactional deals with one sale at a time, meaning short-term interactions subject to change at the pleasure of either party. An automobile...

https://s29755.pcdn.co/news/commentary-playing-the-spot-market