Return to index-linked contracts an idea gaining traction with BCOs and forwarders

It’s time for the liner industry to ditch the flawed fixed tender process where “someone always loses” and revisit index-linked contracts.
In a webinar yesterday to reveal results of a survey of 80 senior executives, consisting of forwarders, BCOs and carriers, Freightos founder and chief executive Zvi Schreiber said there was considerable “frustration” with the traditional time-consuming method of tendering – not only from shippers, but also from carriers.
As a commodity, …

The post Return to index-linked contracts an idea gaining traction with BCOs and forwarders appeared first on The Loadstar.

Source: The Loadstar

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