News / Shippers 'on the ropes' in one-sided contract contest with 'arrogant' carriers

dreamstime_xxl_72590621Photo 72590621 © Malik5 Dreamstime.com

Shippers caught in bear market. © Malik5 Dreamstime.com

30/11/2021

The Asia-Europe contract season is well under way, with ocean carriers cherry-picking large-volume shippers and locking them into multi-year deals.

It is a template being followed by transpacific carriers, where annual rate negotiations are said to be “well ahead” of the norm for 12-month contracts that ...

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