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NVOs subject to punitive rates?
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Non-vessel-operating common carriers faced a higher degree of ocean freight rate hikes in May than beneficial cargo owners (BCOs) who booked directly with ocean carriers, according to research from American Shipper . The results of American Shipper ’s latest Transpacific Pulse survey , released in early June, reported that 76 percent of shippers who indicated their rates rose significantly in the last month were 3PLs or intermediaries. Shippers — whether retailers or manufacturers ...
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