Containerized shipping joins modern financial world with CME futures
Freightos
FEBRUARY 28, 2022
While this may have been innovative in the 70s, futures are now a central part of how multinationals plan to minimize the risk of price volatility. 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.
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