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Report: High fuel costs, overcapacity and contract delays threaten ocean shipping in 2020

from Supply Chain Dive

"I could see shippers delaying decision making, because of the uncertainty related to everything that's going on," Marc Iampieri, a managing director in the transportation and infrastructure practice at AlixPartners, said of the COVID-19 outbreak and volatile spot rates in an interview with Supply Chain Dive. "And so that obviously will impact how the pricing transparency comes into play, but it's all moot if there's no contracts negotiations going on, or if people aren't signing." more

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