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Can I Use My Service Contract on NYSHEX? Yes! Now You Can!

Many shippers have told us they wanted greater reliability and accountability with their carrier partners, but didn't think they could use NYSHEX for three main reasons:

NYSHEX: One Small Step for a Startup, One Giant Leap for Shipping!

Many who are reading this article desire to stay up-to-date on our trajectory from afar, as guaranteed contracts could one day be an option for you in a pinch. Others of you can take pride in knowing that you have personally helped build the Exchange into what it is today. Regardless of where you are in your journey toward guaranteed contracts, this article and the resulting impact to the industry may surprise you.

Are your digital initiatives providing the returns you expected?

If you work in the container shipping industry, the chances are pretty high that your company, or at least one of your business partners or competitors, is undergoing a digital transformation. It was inevitable, right? Countless other industries have gone digital over the past few decades, including payments processing, retail, financial exchanges, travel, hospitality, and real estate. In fact, if you can think of an aspect of your life that has been unaffected by computers and the internet, let me know and we can co-found a new company to digitize it.

A Glimpse into the NYSHEX Default Process

While most people are aware that NYSHEX offers enforceable contracts, they may not be aware of what the process is for having that contract enforced. The dispute process may sound daunting in theory. However, NYSHEX strives to make this process as efficient as possible. Our dispute process is not the large tribunal you may be picturing. At the same time, it is not a completely arbitrary resolution process either.   

A New Era For Container Shipping: What C-Suite Executives Should Expect as Shipping Pricing Models Change

We are on the cusp of a new era in shipping; one in which the basic practices to which we’ve grown accustomed will no longer exist. Competitive advantages will be achieved by the organizations who drive out inefficiencies and can interpret real-time data.