Tearing up the contract
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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, container shipping prices are more volatile than others, such as ...

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  • Jerry Ramirez

    April 22, 2019 at 1:39 pm

    Interesting article, it makes sense that BCO’s & NVOOC’s would like to benefit from changes in the market prices. In terms of the data behind the indexes… What is the time frame of historical data used in setting prices. In practice, how beneficial is to go with the rest of the airlines given that carriers have different capacity and constraints?