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NVOs bear higher rate hikes on TP

Logistics Management

Tuesday, June 05, 2012

Non-vessel-operating common carriers have borne a higher degree of ocean freight rate hikes in the past month than beneficial cargo owners (BCOs) who booked directly with ocean carriers, according to research from American Shipper . According to the results of American Shipper’s latest Transpacific Pulse survey, released Monday , 76 percent of the shippers who indicated their rates have risen significantly in the last month are third-party logistics services providers or ...

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