A fixed freight rate is not a fixed shipment cost.
The rate on the contract is one line. The invoice that arrives weeks later carries fuel, surcharges, handling, storage and whatever it took to recover a shipment that missed its connection. Procurement negotiated the first number. Operations and finance live with the second.
Most of the gap between the two is decided before you sign. It sits in clauses that rarely get read the way an operator would read them.
What the market is reporting
Air Cargo News reported on 2 October 2026 that Xeneta's analysis of new airfreight contracts valid from the third quarter of 2026 found 60% were for three months or less, compared with 25% in the third quarter of 2025. Among those new contracts, the share of 12-month deals fell from 40% to 25%. Xeneta's chief airfreight officer, Niall van de Wouw, said shippers are looking for "floating mechanisms" with a base rate adjusted to what is happening in the market.
On ocean, C.H. Robinson's October 2026 ocean update makes a related point. Scheduled vessel capacity is not necessarily usable. Port congestion, and the steps carriers take to get schedules back on track, can change where and when that capacity is actually available. It also notes that a confirmed booking offers limited protection if the container cannot be positioned, accepted or connected to the intended sailing.
Those are reported findings. They are not a case for everyone moving to short-term contracts. The length of a contract matters less than whether you understand what can move inside it.
Base rate and adjustments
Start with what the rate includes. List every charge that is in, and every charge that is out: origin and destination handling, security, documentation, peak surcharges. If a charge is not named, plan for it to appear on the invoice.
Then read the fuel clause properly. You need to know:
- which benchmark it follows
- the base period the adjustment is measured from
- how often it is reviewed
- how the adjustment is calculated
- whether it moves down as well as up
- what happens if the benchmark stops being published
A fuel clause that only ever moves upwards behaves like a surcharge. One tied to a benchmark nobody on your side can check is hard to hold anyone to. No single benchmark suits every mode or market, so test the one proposed against the lanes you actually ship.
Capacity commitments
An agreed rate, a capacity allocation and a confirmed booking are three different things. Agreements often blur them.
The rate tells you what you pay if space is provided. An allocation tells you how much space the provider intends to hold for you. A confirmed booking is a specific shipment on a specific departure. Ask what sits behind each one: booking lead times, cut-offs, routing assumptions, how rollovers are handled, and which exceptions release the provider from the commitment.
A contract does not guarantee service unless its terms say so. If service levels matter, they need to be written down with a consequence attached. Review those terms with your legal or contract adviser.
Recovery decisions
Shipments miss connections. What matters is what happens next, and who decides.
Agree in advance who proposes alternatives, who approves extra spend (and up to what amount), who pays for the recovery, and at what point the issue escalates. If this is assumed rather than agreed, the decision gets made under time pressure by whoever is available. Finance then meets it on the invoice.
Total shipment cost
The rate is one part of what a shipment costs. Several charges can sit outside it, and they are not interchangeable:
- Demurrage. Charged when a container is held at the terminal beyond its free time.
- Detention. Charged when a container is kept outside the terminal (at your site, for example) beyond its free time, typically measured until the container is returned.
- Storage. Charged for storing the cargo itself at a terminal, freight station or warehouse. It can be billed separately from demurrage, sometimes by a different party.
- Additional handling. Extra moves, re-handling or inspections outside the quoted scope.
- Emergency transport. Where applicable, expedited trucking, courier or a change of mode to protect a delivery date.
Free time, definitions and who bills each charge vary by carrier, terminal and market. Check what applies on each lane.
None of this means the cheapest quote is wrong. It can be the right choice when you understand the assumptions behind it and the risks you are carrying. The problem is choosing it without knowing either.
Test the agreement before you sign
Put procurement, operations and finance in a room with the draft agreement. Work through three scenarios using the same document:
- A normal shipment, booked and delivered as planned.
- A fuel-price adjustment, calculated from the clause as written.
- A missed connection that needs recovery.
For each one, record who acts, who approves and who pays. Where the agreement gives no answer, you have found a clause to negotiate. Where the three teams give different answers, you have found a process to fix.
Before you sign
Optivis is operator-led. We work inside your operation with procurement, operations and finance to review agreements like this, then help put the changes in place. If you want an operator's view before you sign, start a conversation.