What increasing transparency in ocean shipping could teach the air cargo industry

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Logistics and purchasing managers buying air freight services are often heard complaining that they lack clear visibility on market prices.

However, a recent, successful, initiative in the sea freight industry might just point towards a possible solution for this predicament – and largely, it is up to shippers themselves to create such visibility.

Norway-based Xeneta has developed a platform for shippers to upload the pricing details of their long-term and short-term deals with shipping lines and forwarders. And on the basis of the ...