Analysis of container spot freight rates vs contract freight rates

The debate surrounding container ocean spot freight rates vs contract rates rages on stronger than ever as the decline in spot rates continues unchecked.. Despite aggressive blank sailings by many carriers on several routes, the decline in spot freight continues forcing contract rate customers to rethink their strategy..

Experts on either side of the rate divide analyzed the impact of spot rates and contract rates in the current period and where it is headed in an insightful webinar hosted by Shipping and Freight Resource and CHARLIE PESTI..

The panel consisting of Shabsie Levy – CEO/Founder of Shifl, John D. McCown – Founder of Blue Alpha Capital, Stephen Nothdurft – Vice President, Sales, North America – MOL Consolidation Service, moderated by Hariesh Manaadiar – Founder of Shipping and Freight Resource debated the prevalence and credibility of spot rates, the impact of spot rates on inflation, who benefits most from spot rates and contract rates, and what drives pricing in the container shipping sector..