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Why This Year’s Contract Negotiation Season is Different for Transpacific Eastbound Traffic

MTS Logistics

This means you wouldn’t be able to negotiate a contract after this date. Also, the events in the past three years were a huge learning experience for the importers who otherwise haven’t paid this much attention to ocean freight rates and contract negotiations. This changed as soon as the Covid-driven shipping surge was over.

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Cost to Serve Analysis—And the Costs of Neglecting It

Logistics Bureau

Have you conducted a cost-to-serve (CTS) analysis for your enterprise? And that is the sole purpose of cost-to-serve analysis. If you were going to say, “What is a cost-to-serve analysis?” When costs begin to spiral out of control, the result is usually a loss of revenue in proportion to sales.

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Analysis: Why Upcoming ILWU Contract Negotiations are Making Importers Uneasy

MTS Logistics

The main motivation of automation as I gave in the example above is productivity gains and lower handling costs. where the labor cost is a big part of the cost, terminal operators have a higher motivation to make a change than to automate where labor costs are lower in another country. For countries like the U.S.

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U.S. West Coast Port Worker Negotiations Break Down, Threatening the Maritime Supply Chain

MTS Logistics

Trucking companies face challenges in planning and adjusting schedules, with potential increased costs passed on to consumers. ” Contract negotiations play a pivotal role in shaping the dynamics of various industries, and the maritime sector is no exception. This past Friday, more than half of the 22,000 dock workers at U.S.

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Choppy Rate Negotiations: What to Expect for the Current Contract Season

MTS Logistics

The end of April usually marks the end of contract negotiations for Transpacific Eastbound trade where both carriers and BCOs finalize the base freight rates which are good for one year. Fixed rate negotiations used to give larger BCOs the upper hand, but things have changed.

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Unveiling the True Impact: FedEx and UPS 2024 Rate Increases

Supply Chain Brain

To delve deeper into the analysis and gain actionable insights, we encourage businesses to download our comprehensive guide. This resource equips them with the knowledge needed to navigate the complexities of the 2024 GRIs effectively and enhance their negotiation strategy.

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Ocean Freight Contract Season: An Overview and Key Components

MTS Logistics

The ocean freight contract season is a critical time for businesses involved in global shipping and trade to negotiate advantageous terms and rates for delivering products across international borders. When does the ocean freight contract season get negotiated?