LONDON--(BUSINESS WIRE)--SpendEdge, a global procurement market intelligence firm, has announced the release of their Global Container Shipping Category - Procurement Market Intelligence Report.
Container shipping companies are migrating their process infrastructure to the digital platform which has proven to improve their efficiency and foster operation transparency. This is significantly boosting the viability of container shipping services. This category is experiencing a high demand from end-user sectors who seek to transport fresh food items and temperature-sensitive pharmaceuticals in a faster way. However, buyers will face significant procurement challenges in the current container shipping market because of the extremely dynamic container freight rates. This dynamism is a result of the mergers and alliances among the container shipping companies which is giving them the liberty to increase the freight rates. Download the free sample of this container shipping market intelligence report!
The US market is experiencing a higher import of goods such as textiles and apparel which is driving the demand for container shipping services in the region. However, the ongoing trade war between the US and China that led to the imposition of high tariffs against Chinese goods will severely impact the container shipping market in the US.
This container shipping market intelligence report offers a detailed overview of the key cost drivers that are influencing the freight rates and category management insights that can aid in devising a sustainable procurement strategy for the container shipping services. This sourcing and procurement report also highlights the current supply market developments to help the buyers choose the appropriate vendors who can promise a steady supply assurance along with quality solutions. Not what you are looking for? Request for personalization of this container shipping market intelligence report.
“To cope with the dynamic freight rates, we recommend that buyers engage with container shipping companies that agree to consolidate cargo by accepting transportation requests from different regional or global service providers,” says SpendEdge procurement expert Tridib Bora.
This container shipping market intelligence report has highlighted the following factors to play a key role in influencing category spend. They include:
- Global alliances increase the bargaining power of service providers
- Long-term association with service providers can improve buyers' cost savings
- Purchase the full market intelligence report to know more about the complete scope of this report
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SpendEdge’s procurement market intelligence reports for the logistics, warehousing and transportation category offer information on critical cost drivers and category pricing strategies to help the buyers achieve significant cost-savings. The supply market forecasts provide information on supplier performance benchmarking criteria to help buyers reduce spend and establish better SLAs. Additionally, SpendEdge’s reports offer category management insights and procurement best practices for the category.
Report scope snapshot: Container shipping
Category ecosystem
- Market favourability index for suppliers
- Competitiveness index for suppliers
- Strategies to procure at best freight rates
- Interested to know more about the scope of our market intelligence reports? Download a FREE sample
Category management enablers
- Procurement organization
- Category enablers
- Want customized information from our container shipping sourcing and procurement report? Get in touch
Category definition
- Category hierarchy
- Category scope
- Category map
- To view this the complete table of contents for the market intelligence report, Download a FREE sample
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Related Reports:
- Global Road Freight Transportation Services Category - Procurement Market Intelligence Report
- Global Warehousing Services Category - Procurement Market Intelligence Report
About SpendEdge:
SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions. To know more, https://www.spendedge.com/request-free-proposal
