Shifting de minimis rules hobble firms' efforts to adjust supply chains
The see-saw of US trade relations is keeping shippers and logistics providers in a bind, ...
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Shippers have been reluctant to sign new contracts with ocean carriers, citing uncertainty about the market outlook and volatility – and some argue it’s time to move to index-linked pricing.
“Long-term fixed-price contracts no longer serve shippers or carriers,” said Ian Arroyo, chief strategy officer of Freightos.
The pricing and booking platform surveyed some 60 beneficial cargo owners (BCOs) late last year to gauge the impact of the volatility in ocean container rates.
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