NYSHEX, CMA CGM team up on peak season export venture

By Eric Johnson

French ocean carrier CMA CGM is partnering with the New York Shipping Exchange (NYSHEX) to offer U.S. exporters guaranteed rates and transit times through four U.S. ports to Asia.

The program entails exporters using CMA CGM backhaul capacity and NYSHEX’s forward contract structure. American Shipper detailed the NYSHEX model in its February 2017 cover story, “The times they are a-changin’.”

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