TPM: Carriers' need for better yield puts more pressure on NVOs
Carriers have been managing NVO [non-vessel operator] compliance “much more strictly” in the post-Covid market, ...
Photo: © Wave Break Media
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 ...
Comment on this article