News / Shippers will consider longer contracts as reliability improves, but want more trust

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With container lines now hitting greater levels of schedule reliability than for some time, shippers are again rethinking their approach to long-term contracts.

A panel of shippers at this month’s TOC Container Supply Chain event in Rotterdam said consistent service levels and greater schedule reliability would encourage them to look to sign contracts with ocean carriers that last longer than just a year – although the volatility in the market continued to make long-term commitments challenging.

Victor Helmand, Europe, Middle East and ...