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Shippers have negotiated lower contract prices in 2014

In spite of declining freight volumes and often fully-loaded container ships on the major East and Westbound trades, shippers have in the period from March to July managed to successfully negotiate lower contracts with the carriers, according to data from Drewry.

Photo: Maersk Line

The rates for container freight on contracts on the major East and Westbound main trades dropped six percent from March to July.

This development shows that customers have managed to negotiate lower prices from the carriers in a period with low freight rates, according to data Drewry has gathered confidentially from retailers and manufacturers in Asia, the US and Europe.

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