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 the West Coast. United States dockworkers and their management systems are about to engage in contract negotiations that could go on for months beginning with ILWU. […]Read More
Three trends are prevalent today in ocean contracting:
Trend 1: Carriers have and will continue to exercise discipline in capacity management.
Trend 2: The value of the long-term service contract is in question.
Trend 3: Digital contracts with two-way commitments are gaining momentum and just might be better than the alternative
Ocean carriers may be stuck in the bertrand trap, explaining the volatility in the spot market for seafreight. An economic analysis of container shipping.