'Tariff madness' will prompt renegotiation of ocean shipping contracts
Today’s “absolutely nuts” container shipping market will spur contract renegotiations, as rates and minimum quantity ...
Freight index platforms are keen to push index-linked agreements (ILAs), but there are questions about whether a volatile market attracts or deters shippers and carriers from changing their contract style.
Today, Patrik Berglund, CEO of freight rate intelligence platform Xeneta, predicted: “2025 will be the year we bring clarity to this industry as to how indexing should be done.”
Index-linked contracts track freight rates and offer periodic price adjustments to the agreed rate, and have been hailed as a way to ensure both ...
Volume surge and an early peak season? 'Don't celebrate too soon,' warning
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