Nightman1965 | maersk_71865174
Nightman1965

Shippers and BCOs must be prepared to take part in “beauty contests” to determine their suitability for long-term contracts with their carriers.

But, given the extent to which the market has pivoted in favour of the shipping lines since the pandemic, one thing is certain: contract shippers will be paying much more next year to move their cargo, and possibly for years to come.

According to freight rate benchmarking company Xeneta, carriers such as Maersk, on track to carry 60% of their ...

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