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Freight to the Point
Welcome to Freight to the Point, the podcast show created by Zencargo. Tune in every week as we’ll be exploring a wide range of topics from sustainability to technology from different perspectives. We will be inviting leading supply chain experts to talk about their origins, experiences, how they have made ship happen and what they think is the key to disrupting the traditional supply chain industry.
Freight to the Point
Episode 52: Rates: Long term vs Short Term
“Now is a good time to engage in the conversation. Rates are at lower historical levels and it's a good time to be thinking in terms of contracting.”
Long term or short term?
That’s the question we’ve been hearing a lot around the rate market. Rates appear to be bottoming out so is now the time for shippers to finally lock in long term contracts?
That’s what Richard Fattal, CCO and Co-Founder at Zencargo and Patrik Berglund, CEO and Co-Founder at Xeneta talk about in the latest episode of Freight to the Point.
They discuss:
- Rate trends on specific trade lanes
- Whether shippers should be locking in long term rates
- Will demand pick up in the later half of the year?
Resources
Episode 15: Identifying reliable data in the supply chain with Peter Sand
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Patrik Berglund
Patrik Berglund is the CEO and Co-Founder of Oslo-based Xeneta, the leading ocean and air freight rate benchmarking and market analytics platform transforming the shipping and logistics industry with data analytics. Berglund, a logistics and tech-enthusiast, possesses a true passion for modernising business processes related to logistics procurement and the supply chain. He has in-depth logistics and transportation experience from several years at Kuehne + Nagel in various roles and also as Co-Founder of Nordilog, a logistics consultancy firm. Founded in 2012, Berglund has grown Xeneta to be the top worldwide source comparing shipping rates against the market average, market highs and lows, ultimately transforming companies’ logistics procurement with actionable data intelligence. Berglund was the 2016 recipient of the prestigious Lloyd's List Next Generation in Shipping award.