Synlog: purchasing consortium for sea freight import is founded

At the start of this year, the sea freight import purchasing consortium was formed as part of the Synlog logistics cooperative. The operative goal of the new cooperative is, according to a press report, the generation of sustained stable and low sea freight rates in connection with the necessary security of having containers at their location on time. The combined volumes of a purchasing cooperation forms the basis of this and enables members both better conditions as well as more security in procurement, according to the report. Affiliated by a joint, long-term purchasing strategy, the Beneficial Cargo Owners (BCO) work together and can purchase their required services on the container shipping market directly from the shipping companies.