The Evolution of Ocean Freight Procurement

April 18, 2019

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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

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