Derivatives help the small guys control freight rates

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Birmingham, UK, 25th April ? Freight rate volatility could be mitigated by the use of derivatives and index-linked contracts, visitors at the Multimodal 2013 Exhibition in Birmingham heard yesterday.
David Barnes, an analyst at Clarkson Securities, noted: “The golden egg of the transport market is a fixed price. But often neither party is willing to honour the price part of a contract because of extreme volatility.”