January 23, 2020

New NYSHEX Member Council Appointees Announced for 2020

We are delighted to introduce the 2020 NYSHEX Shipper Member Council. The Member Council is designed to consist of leaders from the shipping industry. The role of the Member Council is to propose recommendations or updates to NYSHEX operations, processes, and technology – acting as the voice of all current and future members to ensure the exchange remains a collaborative solution for all in the […]

December 12, 2019

NYSHEX Expands Carrier Network with Addition of Ocean Network Express

ONE joins a group of innovative carriers who use NYSHEX to offer their customers the ability to enter digital and mutually enforceable contracts. With seven of the leading global ocean carriers on NYSHEX, over 60% of global capacity is represented. The member carriers also represent all three container shipping alliances: 2M, Ocean Alliance and THE Alliance, providing NYSHEX shipper members a […]

November 18, 2019

2020 Member Council Nominations

We are now taking nominations for members who wish to serve on the 2020 NYSHEX Member Council. The Member Council is an integral part of NYSHEX that allows Members to actively participate in the decision making process of the Exchange.

November 18, 2019

Can I Use My Service Contract on NYSHEX? Yes! Now You Can!

Many shippers have told us they wanted greater reliability and accountability with their carrier partners, but didn’t think they could use NYSHEX for three main reasons:

September 30, 2019

NYSHEX: One Small Step for a Startup, One Giant Leap for Shipping!

Many who are reading this article desire to stay up-to-date on our trajectory from afar, as guaranteed contracts could one day be an option for you in a pinch. Others of you can take pride in knowing that you have personally helped build the Exchange into what it is today. Regardless of where you are in your journey toward guaranteed contracts, this article and the resulting impact to the […]

August 30, 2019

Are your digital initiatives providing the returns you expected?

If you work in the container shipping industry, the chances are pretty high that your company, or at least one of your business partners or competitors, is undergoing a digital transformation. It was inevitable, right? Countless other industries have gone digital over the past few decades, including payments processing, retail, financial exchanges, travel, hospitality, and real estate. In fact, […]

July 30, 2019

A Glimpse into the NYSHEX Default Process

While most people are aware that NYSHEX offers enforceable contracts, they may not be aware of what the process is for having that contract enforced. The dispute process may sound daunting in theory. However, NYSHEX strives to make this process as efficient as possible. Our dispute process is not the large tribunal you may be picturing. At the same time, it is not a completely arbitrary […]

July 29, 2019

A New Era For Container Shipping: What C-Suite Executives Should Expect as Shipping Pricing Models Change

We are on the cusp of a new era in shipping; one in which the basic practices to which we’ve grown accustomed will no longer exist. Competitive advantages will be achieved by the organizations who drive out inefficiencies and can interpret real-time data.

July 17, 2019

When the [Olive] Branch Gets a Little Close for Comfort, It’s Good to Have a Clear Set of Rules

Rules are often seen as a bad thing. They establish expectations and scope of responsibility and can sometimes feel like a wet blanket. If you challenge yourself however, I bet you can think back to many instances in which you were elated to have a set of rules. Perhaps the movers damaged your great-grandmother’s antique buffet or left you with a busted bed frame. You got the run-around and had […]

June 27, 2019

Why Maersk Spot is Good for Shippers and Carriers, as well as NYSHEX

This week some really exciting news came out in the industry. Maersk announced that they are launching “Maersk Spot” which will offer shippers guaranteed equipment and space in exchange for a penalty if they don’t show up with promised cargo.