More volatility means forwarders and shippers need to work more closely
As uncertainty knocks trade confidence, forwarders need to be closer than ever to their customer, delegates ...
Shippers and BCOs are being advised against signing long-term contracts with ocean carriers, due to the “unprecedented uncertainty” in the liner industry.
Speaking via a webinar yesterday, organised in response to the coronavirus supply chain disruption, Patrik Berglund, chief executive of Oslo-based ocean freight benchmarking platform Xeneta, said shippers needed to “plan in flexibility” into their requests for quotes.
He recommended that even if shippers did negotiate a 12-month supply relationship with their carriers, they should desist from agreeing the same duration ...
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