News / TPM: Carriers' need for better yield puts more pressure on NVOs

© Pere Navarro

Carriers have been managing NVO [non-vessel operator] compliance “much more strictly” in the post-Covid market, forcing them “to revamp their whole sales structures”.  

In the past few years’ ocean shipping contracting, carriers have increasingly been pushing “an almost pervasive use of weekly string or port by port pair allocation plans” to monitor NVO compliance, according to Bob Fredman, principal at SF Global Insights. 

Mr Fredman explained to delegates at TPM25 by S&P Global that a carrier today says to a forwarder or ...