Return to index-linked contracts an idea gaining traction with BCOs and forwarders

It’s time for the liner industry to ditch the flawed fixed tender process where “someone always loses” and revisit index-linked contracts.
In a webinar yesterday to reveal results of a survey of 80 senior executives, consisting of forwarders, BCOs and carriers, Freightos founder and chief executive Zvi Schreiber said there was considerable “frustration” with the traditional time-consuming method of tendering – not only from shippers, but also from carriers.
As a commodity, …

The post Return to...

https://theloadstar.com/return-to-index-linked-contracts-an-idea-gaining-traction-with-bcos-and-forwarders/

How shippers can plot a course through the choppy economic waters ahead

After a volatile first quarter, ocean freight is heading into a more stable pricing environment, but uncertainty over fuel costs and trade politics still make for difficult steering, warns American Global Logistics (AGL).
The US forwarder has advised clients to exercise caution in the upcoming round of contract negotiations, urging them to concentrate on total cost rather than just freight rates, to map their supply chains and build in flexibility to …

The post How shippers can plot a course...

https://theloadstar.com/how-shippers-can-plot-a-course-through-the-choppy-economic-waters-ahead/