When pandemic-fueled headwinds pushed historic amounts of freight into the spot market, many shippers found themselves running an unmanageable amount of seasonal bids to compensate for annual contract failures.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
The Freightos Baltic Index (FBX) is the world’s leading—and most accurate—index of market rates for 40′ containers.
Here’s a closer look at the difference between spot and contracted freight rates.
The Chinese government is using the reason “Acts of God” to void many contracts due to coronavirus. Darren Prokop explores whether that is hurting current trade and will impact trade in the future.
With spot container freight rates continuing to tumble, carriers are forecast to withdraw more capacity ahead of annual contract negotiations with shippers.
Unionized Canadian drivers for CNTL approve four-year agreement that increases rates for wait times and mileage.
A TMS is a valuable tool that can provide important data, tracking and analysis capabilities to help shippers streamline their entire operations, all of which feeds into being a shipper of choice.
Persistance is important in reaching any deal, but delivering on what you promise is equally important.
Techpertise together with TMW SystemsTechnology platforms have enabled the Dart Network to automate the bidding process, leading to a more efficient system that better utilizes company resources.
