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 fi...

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 th...

Three Trends I Observed During Two Years on the Service Provider Side

By: Bryan Most It is super exciting for me to come back to an advisory role with NYSHEX after having spent the last couple of years on the 3PL and service provider side of the busi...

What Is Shared Digital Infrastructure and What Is Its Role in Logistics?

In the fast-paced world of logistics, where supply chains stretch across continents and delivery windows are shrinking by the day, shared infrastructure plays a crucial role in kee...

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

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...

Thinking About Adopting an Allocation Management Tool? Here Are 3 Ways It Can Help

Freight management is constantly growing, generating tremendous interest in finding today’s best allocation management tools. Still, the connected world of freight management carri...

NYSHEX Closes $25M Series B to Improve the Reliability and Efficiency of Global Shipping

Investment will accelerate the development of digital infrastructure for the global shipping industry. September 14th, 2022 – NYSHEX, the leader in ocean contract performance techn...

5 Signs You’re Ready to Add Allocation Management Software to Your Tech Stack

As noted by Shopify, businesses are searching for new ways to succeed in an evolving delivery economy, with e-commerce sales expected to crest $5 Trillion in 2022 and reach a stagg...

3 Ways Allocation Management Tools Help Shippers Maximize Utilization

With 95% of consumers now considering fast shipping as “delivery done on the next day,” according to FreightWaves, businesses are under more significant pressure than ever to provi...

What is Allocation Management Software?

With 29% of U.S. Consumers saying they’ll shop online more after the COVID-19 Pandemic, according to FreightWaves, it’s becoming clear that the pandemic boom in eCommerce is here t...

How to Be Proactive, Not Reactive, With Your Allocation Management

With 69% of customers saying they won’t shop with a retailer again if their package isn’t delivered within two days of the expected date, according to SupplyChain24/7, it’s more im...

The Cost of Reactively Managing Your Allocation

Poor allocation management solutions can lead to massive cost increases across the supply chain. Despite these costs, many companies still rely on legacy processes and inefficient ...

The Importance of Standardization When Managing Allocation Across Multiple Ocean Contracts

Proper supply chain optimization begins with standardization. The frantic growth of the supply chain and congestion of trade lanes has made it more difficult than ever for logistic...

4 Strategies to Improve Your Allocation Utilization and Prevent Contract Shortfalls

Allocation management remains a challenge for many shippers. According to Inbound Logistics, 48% of shippers rate their forecasting technology as average to very poor. While that s...

3 Reasons Shippers Struggle to Manage Their Allocation

For BCOs, managing their allocation has always been a struggle due to the many variables that can result in shortfall and missing out on containers they contracted for. As explaine...

The Pitfalls of Using Excel to Manage Your Allocation

The global supply chain continues to endure massive challenges, including lacking capacity and failure to utilize such capacity fully. According to the Drewry World Container Index...

Causes of Poor Contract Utilization and What to Do About It

Though the World Container Index has dipped slightly in recent weeks, it’s important to note the large-scale growth the WCI has seen in recent years. According to Drewry, on May 12...

What’s Limiting the Ability of Shippers to Fully Utilize Their Allocation and How Integration Helps

The recent delays surrounding ocean cargo capacity can be traced back to early 2019 and the onset of COVID-19 when customers across the globe fueled a higher-than-ever demand for c...

3 Reasons Ocean Contracts Fail and How to Overcome Them

The freight management world continues to experience disruption after disruption. From late 2021 through early 2022, world container rates soared beyond imagination. In response to...

4 Ways to Optimize Allocation and Reduce the Cost of Non-Performance

Come foggy waters, a lighthouse can guide a ship safely to port. In logistics, visibility is vital, and we’re not talking only about navigation. Poor visibility with freight alloca...

Four Revealing Insights from TPM ’22 Highlight the Value of Relationships and Reliability

After a three-year hiatus, TPM 22 provided carriers, shippers, and other stakeholders a chance to catch up and work through the thorny issues that plague our industry. The conferen...

NYSHEX Records 340% Revenue Growth and Triples Shipping Volume

Technology solution removes risk, providing a predictable, efficient system for global commerce New York, New York – NYSHEX, the leader in two-way committed contracts, today announ...

NYSHEX Appoints Jesper Praestensgaard as Executive Chairman to Support Next Phase of Rapid Growth

New York, New York – March 24, 2022 – NYSHEX, the leader in two-way committed contracts, announced it has appointed Jesper Praestensgaard as Executive Chairman. Praestensgaard join...

Digital Ledgers and How the Supply Chain 4.0 Thrives on Product-Led Growth

5 Ways to Convince Your C-Suite and SLT to Adopt New Logistics Technology

As many in logistics are aware, protecting your supply chain is crucial to both inventory management and overall business continuity.

Why the ILWU Labor Negotiations Should Be Top-of-Mind for Your Team

If you haven’t been keeping up with supply chain management news, it’s important to know that 2022 is bound to bring challenges to logistics, shipping ports and businesses across t...

Why Everyone on Your Logistics Team Should Understand Carrier Alliances

Back in 2017, the landscape of the shipping world rearranged yet again as ten of the major carriers in the maritime industry coalesced into three distinct carrier alliances. Today,...

3 Reasons Why 2022 Contract Season May Already Be Over

Faced with high-demand and the current market disruptions, many retailers are abandoning the traditional pattern of negotiating contracts with carriers in late winter and early spr...

The 3 Supply Chain Disruptions You Should Be Prepared For

There is a lot of news floating around about the current and evolving issues in the global supply chain, but what exactly should shippers and carriers be most prepared for when loo...