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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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Controlling Supply Chain Cost for Sustainable Growth

Blue Grace Logistics

Controlling Supply Chain Cost for Sustainable Growth Search Search BlueGrace Logistics - March 26, 2024 In modern business, controlling supply chain costs is paramount for sustaining profitability and competitiveness. This helps in reducing supply chain costs associated with stockouts and overstocking.

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Negotiating Techniques for Construction Procurement

SIPMM Professional Publications

As a professional purchaser, negotiation skills will place one at an upper hand. Besides interacting closely with the suppliers for various deals, apurchaser has to negotiate effectively with potential suppliers to get the required goods at favourable pricing, within a given working budget.

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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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Discover 4 Use Cases for Applying AI to Your Recruiting Processes

Recruitment AI technology uncovers the most qualified candidates. This technology automates recruiting routines and facilitates natural conversations, resulting in higher productivity and a better candidate experience. Download the eBook to learn more!

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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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9 of the Most Useful Tips on How to Negotiate Freight Rates

GlobalTranz

Editor’s Note: This is a guest article from Laura Jelen with negotiations.com who discusses some useful tips on how companies can negotiate freight rates a bit better. Shipping costs are a significant part of the supply chain expense.