Due to a cocktail of volatile global economic conditions, a sudden rise in imports, increasing container shortages, and unforeseen port congestion, detention and demurrage charges have escalated sharply in recent times.
Shippers need to be strategic to avoid unnecessary free time charges and protect profit margins. Using rate data and rate management software for better decision making is only the start.
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In this white paper, you'll learn:
An overview of current market conditions related to detention and demurrage A primer on global industry action against unjust charges How shippers can address and avoid unnecessary free time charges How Magaya Rate Management can help