November 19, 2024

NYSHEX Announces First Close of Series C Funding Round Led by Collate Capital, Collaborating with ICE to Launch New Freight Rate Indices

New York, NY —The New York Shipping Exchange (NYSHEX), a leader in digital contracting and performance management for the container shipping industry, is excited to announce the first closing of its Series C funding round, led by Collate Capital. The round attracted significant participation from all major existing investors, including Growth Equity at Goldman Sachs Alternatives, NewRoad Capital, […]

June 12, 2024

NYSHEX Partners with MSC to Digitize Contract Performance

The New York Shipping Exchange (NYSHEX), a leader in digital shipping solutions, is pleased to announce our collaboration with MSC, the world’s largest shipping line, to enhance the digitalization of ocean freight contract performance.

March 1, 2023

Crocs, Inc. Vice President of Global Distribution & Logistics joins the NYSHEX Board

Mary McNelly, VP of Global Distribution & Logistics for Crocs, Inc. selected to serve as Shipper Representative Director

September 19, 2022

Not All “Contracts” Are Contracts – And That’s a Good Thing

SCFI spot rates have now dropped to $3,050/FEU to US WC and $3,545/TEU to Europe. Overall spot rates are down 27% from a month ago. At this point most shippers who signed contracts on the major global trade routes are looking at spot rates much lower than their contract rates. Many are wondering if they can either renegotiate their contract rates, or simply syphon contract cargo into spot […]

June 8, 2021

Jeremy Haycock Joins NYSHEX as Managing Director for Europe

NEW YORK, NEW YORK – June 8, 2021 – NYSHEX, a digital contracting platform championing compliance and reliability, announced today that Jeremy Haycock joined the company as Managing Director for Europe to establish operations across the continent. The Europe office, which will be based in the UK, will be launched the second half of 2021.

April 14, 2021

The Cost of Non-Performance in Ocean Contracting

Well, it’s hard to believe but April is here and if you are responsible for moving cargo in the Transpacific Eastbound trade lane, then you know annual contract season is coming to a close! While it has been noted that some shippers started and concluded their discussions earlier than normal this year, there are still many contracts to be finalized with just a few weeks before the end of the […]

March 19, 2021

How to Become a Shipper of Choice

Shipper-ocean carrier contract talks, which are never smooth in the best of times, are even more uncertain than usual in this hyper-turbulent year.

March 18, 2021

6 Ways To Incorporate Committed Contracts Into Your Annual Agreement

Over the last few weeks, we have seen an enormous increase in shippers and carriers looking for new approaches to service contracting and utilizing two-way committed contracts to create diversification and flexibility in their 2021 ocean strategy:

February 4, 2021

5 Ways NYSHEX Benefits Carrier Sales Teams

Carrier sales is a tough job. Rates, volume, and space seem to change at the drop of a hat. What if we told you that your job in carrier sales could be less stressful? It’s true! We’re going to present five ways incorporating NYSHEX into your shipping contracts can help you become more efficient and improve customer relations.

January 25, 2021

3 Benefits of Using NYSHEX

Most of the shippers I speak with today want to ensure that what happened in 2020 does not happen again in 2021. They want the utmost guarantees and reliability in their supply chain this year. Here are three main ways that NYSHEX is helping them achieve this.