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NYSHEX is enabling the transformation of the container shipping industry through two innovations: a new standard form freight contract and new way to trade ocean freight digitally. NYSHEX is a solution developed for the industry by the industry’s leading shippers, NVOCCs and Ocean Carriers. The mission of NYSHEX is to help shippers, NVOCCs and Ocean Carriers overcome the historic inefficiencies in ocean freight contracting and in doing so, reveal the $23 billion economic opportunity that exists for the shipping industry each year. Efficient, accessible and fair, NYSHEX launches a new era in global ocean transport, in the same city where container shipping itself was born.
"NYSHEX is the only option that delivers guarantees and simplifies the ocean freight contracting and buying process. I can’t imagine that there is any business that wouldn’t receive a benefit …
“Binding contracts were the biggest selling point of NYSHEX to me. The fact that they are guaranteeing a certain amount of space during a certain amount of time…and the rates …
"We see this as a way to protect our customer relationships by minimizing the interruption in their supply chains due to rolls during times when capacity is tight."
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