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Contract rates set to break records in 2022

Shippers rush to long-term deals to secure supply chains. Early trends from the first rounds of tendering indicate that the lowest bids being offered require shippers to either agree extended contract periods or enter wider logistics agreements

Few shippers want to lay their fortunes at the door of the spot market after the disruption of the past 18 months. But securing long-term deals will come at a price, early data shows

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