We hear a lot about port congestion especially on the West Coast. In shipping there is always another way and it seems that the NVOCC’s are coming out of the woodwork offering East Coast and Gulf Coast alternatives to the West Coast routes. They are prospering. I am not sure the regulars are in the container trades. So how does this work?
NVOCC’s act likes carriers and book cargoes but they do not operate vessels but charter slots or ships on the spot market or for the customer. They are more than forwarders. But the point here is that they can be very nimble.
Read more and see the video after the jump