View the step-by-step solution to:

Evaluate the statement "Carriers are rightfully fearful of being seen as a commoditised service, distinguishable only on price.

Evaluate the statement "Carriers are rightfully fearful of being seen as a commoditised service, distinguishable only on price. When this becomes the case, offering ocean freight carriage becomes a fight to the bottom on rates". Justify your answer using freight market reports and freight rate statistics on one of main shipping routes of your choice.

Top Answer

The above statement is true as freight shipping service is homogeneous and lacks innovation or differentiated service by any... View the full answer

Sign up to view the full answer

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

-

Educational Resources
  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question
Ask a homework question - tutors are online