Is the Cheapest Freight Tender a Trap?

Nearly half of ships are late. Yet price still leads many tenders.

2027 ocean freight tenders are approaching.

Lower rates may look attractive.

But a cheap shipping contract can still cost more.

Ships are arriving late.

And some backup options are less independent than they seem.

For BCOs, forwarders and carriers, the next tender matters.

So what should a good freight contract really deliver?

Here are 5️⃣ signals that matter:

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1️⃣ Nearly Half of Ships Arrive Late