Big is beautiful to carriers in the new shipping contract ‘beauty contest’

Shippers and BCOs must be prepared to take part in “beauty contests” to determine their suitability for long-term contracts with their carriers.
But, given the extent to which the market has pivoted in favour of the shipping lines since the pandemic, one thing is certain: contract shippers will be paying much more next year to move their cargo, and possibly for years to come.
According to freight rate benchmarking company Xeneta, carriers …

The post Big is beautiful to carriers in the new shipping contract ‘beauty contest’ appeared first on The Loadstar.

Source: The Loadstar

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