In 2017, the New York Shipping Exchange (NYSHEX) officially launched as the very first to bring a fixed price, fully enforceable and reliable digital freight contract to the global container shipping market. Since our launch, we have been providing shippers with reliable TPEB and TPWB service options from top ocean carriers including: CMA CGM, Hapag Lloyd, Maersk Line, OOCL and COSCO. Today, […]
Cotton, the fabric of our lives, the canvas for our favorite concert t-shirt, and one of the United States’ biggest export commodities. That was the focus of my eye-opening recent visit to Austin, Texas and the American Cotton Shippers Association (ACSA) conference. This ubiquitous and often underestimated commodity accounts for millions of tons in exports to overseas destinations every year […]
As a proverbial new kid on the “dock” it can be challenging to know exactly how to share who and what you are in an industry littered with globally recognized brands and many new tech start-ups. One of the best things about operating a membership driven organization is that the members themselves are the one’s who have the say in the future of that organization. They have a tremendous impact on […]
News of increased tariffs and threats of trade wars have been all over the front page in recent weeks. There have been claims that the U.S. trade deficit is a problem and that narrowing it is important for GDP growth. As a company enabling international shipping, we believe in more free trade, not less.
Happy Strategic New Year! The fireworks and dragons of Chinese New Year have passed, but for TPEB shippers based in the US, the excitement is only halfway through. Another new year and new season of challenges is fast approaching.
Today we announced the appointment of new members to our board of directors and the launch of our governing NYSHEX Member Council. This announcement follows the Federal Maritime Commission’s (FMC) December 2, 2017 approval of our governance model which enables us to maintain a fair, transparent and compliant process of ensuring the interests of our members.
Today we have made another significant announcement which demonstrates the container shipping industry’s support of the exchange. We are pleased to add Maersk Line as an investor in NYSHEX. With this, Maersk Line joins both CMA CGM and Hapag-Lloyd as carrier founding members.
Over the last year a lot has been written about who and what NYSHEX is and what container shipping problems NYSHEX is addressing through industry collaboration. There has been a lot of great press coverage from the JOC, a cover story in American Shipper’s February 2017 issue, and more recently Gordon Downes, NYSHEX CEO, was featured on MSNBC’s SquawkBox. NYSHEX has been called a marketplace and a […]
The U.S. export market was a hot topic this week in the news. For our U.S. Export members, this is good news since a strong harvest and growing export demand is good for the market.