NYSHEXBlog
Logistics, Shrimp and Grits, Sunshine, and a Tech Talk
When the organizers of the 2017 South Carolina Logistics Tech Talk invited NYSHEX to speak, I couldn’t resist the temptation to indulge in some of my favorite (Southern) things and may or may not have offered harmless bribes to team NYSHEX to send me.Container Freight Rate Volatility and the NYSHEX Solution
In a recent JOC.com article, Peter Tirschwell, iHS Maritime & Trade’s Senior Content Officer, explored the impact rate volatility is having on carrier shipper relationships. The article, while not about NYSHEX, strikes at the heart of the problem that we have been fighting since our company’s inception: container freight rate volatility. In the article, Peter describes concerns from carriers and […]Are Ocean Carriers Stuck in the Bertrand Trap?
Last spring I was sitting in a microeconomics class learning about Game Theory when one game caught my attention. The lecture began with a simple game in which two firms sell an identical product and the cost to produce that product is the same. Buyers in the market have no brand loyalty and will always buy from the cheaper firm. Firms set their prices simultaneously without knowing what price […]How Expertise in Securities Trading Will Transform Ocean Freight
I’ve always been drawn to and involved in markets. Looking back over the past two decades of my life the type of market has changed yet the basic functions have remained the same: there are buyers, sellers, a product or service that is exchanged, and an arena for those transactions to take place.
16,500 miles, 200 bright shippers and 5 dead wrong misconceptions about NYSHEX.
I’m now in my fourth month with the New York Shipping Exchange and I’ve been burning up the road in the name of enforceable ocean freight contracts.
NYSHEX Poised for Expansion as it Finalizes Series-A Investment
– Hapag-Lloyd and CMA-CGM invest, along with GE Ventures and Goldman Sachs, resulting in total investment of $13M – NEW YORK, NEW YORK – August 21, 2017 – The New York Shipping Exchange (NYSHEX), the innovator of the first digital forward freight contract for global container shipping, today announces the completion of its Series A round of funding. Hapag-Lloyd and CMA-CGM joined the investment […]