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 ...
Drewry has launched a reefer benchmarking tool to help shippers negotiate better contract rates with carriers.
The Reefer Benchmarking Club comes several years after the shipping consultancy launched its benchmarking tool for general container rates.
“Providing a system for reefers is complicated due to the absence of ‘FAK rates’. Identifying ‘like-for-like’ comparison points while catering for differences in ancillaries is an important challenge,” said Drewry senior consultant Stijn Rubens.
“The reefer benchmarking tool will be commodity-specific and take the varying needs of shippers into ...
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