This leads to delays, additional costs, potential penalties and strained relations with clients as well as partners. In addition, when you have time-definite or sequenced cargo flows you risk delays, performance penalties, and lost business when you can’t deliver on time. This may compel you to resort to alternatives in order to prevent penalties—but the cost often outweighs those penalties.
You can reduce the impact that exceptions have on your shipments by securing your supply chain with the guarantee of the NYSHEX Forward™ contract. And through NYSHEX, you can lock in your space from 2 weeks to 6 months out.
When ocean rates fluctuate, you want the ability to look for better options. But, checking rates and getting quotes is time-consuming. Requesting RFQs from multiple providers can take from 4 to 7 days (maybe longer). Even after executing a contract, it still comes with a risk that the provider will not have the equipment or the cost might change before booking.
NYSHEX enables you to lock in rates which reflect the market and guarantee their space and equipment, too. NYSHEX saves you time and effort by letting you view offers from multiple carriers all at once and all in one place. These offers are “take it or leave it” so there’s no wasted time negotiating with reps and finessing contracts.
How is Lansing Trade Group leveraging NYSHEX for success?
This is due to the complexity of the process used to move containers around the world, the number of players involved,
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