Supply Chain Council of European Union | Scceu.org
Transportation

Maersk reports significantly increased prices in key contract negotiations

Spot rates are not the only element that is soaring these days, as months of record-high rates mean that container lines such as Maersk hold unusually strong cards in the contract negotiations that are taking place right now.

This also means that long-term contracts with customers increase significantly, and this could prolong the recovery for shipping lines even if spot rates start to go down again.

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