Jury still out on benefits of index-linked contracts for shippers
Freight index platforms are keen to push index-linked agreements (ILAs), but there are questions about ...
An interesting article from Global Trade looks at why shipping line customers switch loyalties. It will come as no surprise that ? even in these dark days of low rates ? price is the top factor. If existing suppliers can’t offer the low pricing already in the market, customers will find someone who can. But, warns this article, rock-bottom pricing could lead to cargo being rolled, just for the sake of a few hundred dollars. Risk management and trust were ...
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