DSV customers hedging themselves against rate fluctuations
While an increasing number of customers are hedging themselves against rate fluctuations, the business is also seeing signs of capacity problems from the Far East, says DSV CEO Jens Bjørn Andersen in an interview with ShippingWatch.
BY OLE ANDERSEN
The major container rate fluctuations in recent years on the services between the Far East and Europe make an increasing number of customers at logistics group DSV sign index-based contracts regulated according to the Shanghai Container Freight Index (SCFI) and at prices that follow the market.
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