‘Don’t jump on early fixed-rate ocean contract offers’, shippers advised

Shippers should resist the temptation to lock themselves into annual ocean freight contracts too early, according to Flexport, as the current rate spike could be nearing its peak.  During a market webinar, the digital forwarder said importers should avoid committing to the first contract offers by carriers, arguing that seasonal demand will ease from mid-August, and pricing should follow.  “We exp Read full article →