Annual fixed-price contracts are the current go-to for ocean freight procurement.
Current industry practices across ocean freight tenders challenge freight spend planning and the ability to maintain reliable supply chains.
This Freightos report surveyed senior decision-makers across 80 top-tier logistics providers and BCOs to find out ocean pricing volatility impact and management practices.
Read the full seven page report to learn:
- How ocean container contracts are negotiated today
- How ocean freight volatility compares to other industries
- How other industries control for volatility
- How the the freight industry can hedge risk