Containerized shipping joins modern financial world with CME futures
Freightos
FEBRUARY 28, 2022
In 2016 many companies abandoned their fixed-price contracts to avail themselves of the low spot market. Conversely in 2021 when rates were sky high, suddenly companies that had negotiated fixed rates couldn’t get their cargo on the ship without paying an extra premium surcharge. Take a global manufacturer and retailer of mattresses.
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