Decision Making Regarding Freight Rates Sample Clauses

Decision Making Regarding Freight Rates. The Commission seeks to understand how freight rates are individually negotiated between importers and the shipping lines. In particular it seeks to understand the extent of the involvement by overseas “Principals” in decisions concerning freight rate setting for imports from North East Asia and how this may affect the market. • To what extent are overseas principals currently involved in setting freight rates for Australian importers for imports sourced from China, Taiwan and Hong Kong? Has this changed recently? • If overseas principals do have a significant role in determining freight rates does this- ▪ enhance or inhibit the competitive environment of inward liner cargo shipping services? ▪ enhance or inhibit the potential for importers to obtain competitive rates for inward cargo? ▪ represent a restriction on ocean carriers taking part in negotiations?
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