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News / Innovative new shipping contract would limit cargo no-shows and rollovers

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© Gilles Decruyenaere | Dreamstime.com - Businessman Presentation (Contract)
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A new contract arrangement for carriers and shippers to arrange ocean freight bookings has been launched.

It would, it is claimed, dramatically limit no-shows by shippers and rollovers by carriers, and could eliminate some of the $23bn extra costs incurred annually by the industry.

The New York Shipping Exchange (NYSHEX) ...

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