TITLE

LOOKING BEYOND THE FINE PRINT

AUTHOR(S)
Bonney, Joseph
PUB. DATE
October 2011
SOURCE
Journal of Commerce (1542-3867);10/17/2011, Vol. 12 Issue 38, p10
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses the fundamental changes in the contracting process between shippers and carriers in the aftermath of the 2010 capacity shortages when carriers strictly interpreted their contracts to minimize space allocations. Among the changes were the inclusion of more long-term contracts with rate indices and closely defined commitments on both sides. The article also informs that several large shippers use fee matrixes in their contract tenders and reference them in actual contracts.
ACCESSION #
67070287

 

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