Freight procurement automation is no longer a “nice to have” in ocean freight. In fact, it is the difference between benchmarking that is defendable and benchmarking that is basically a collection of best guesses. When the market shifts fast, when carriers adjust...
Welcome to this article about Ocean Freight Benchmarking. Let’s face it…you might be paying more than needed for ocean freight. Most companies never know without measuring their rates against market standards. A good comparison of your rates with...
A historic change occurred in the container shipping industry when MSC surpassed Maersk to claim the top position in January 2022, breaking Maersk’s dominance since 1996. Company NameGlobal Market Share (2025)Fleet Size (vessels)Total Capacity (TEU)Countries...
Prices for containers are going through the roof (and they were already so high)International container traffic is still disrupted. Containers are extremely expensive. The fact that a major Chinese port has reopened does little to change that.The cost of shipping a...
Are you paying the right amount for your sea freight? Are your ocean freight rates still up to date? Sea freight benchmarking is a good practice to improve your sea freight conditions and contracts. Despite approaching the end of the year 2016, and the Hanjin crisis...
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