New Strategic Alignment Of Chemical Shippers To Create Rate Advantage
The Synthetic Organic Chemical Manufacturers Association (SOCMA) has formed the Chemical Shippers Association (CSA).
While industry experts have seen shipping contracts favor higher-volume shippers, one industry association is creating its own niche alliance. The Synthetic Organic Chemical Manufacturers Association (SOCMA), whose membership is composed of batch and specialty-chemical manufacturers, has formed the Chemical Shippers Association (CSA).
Higher rates for shippers of smaller quantities have created a need for a consortium that can combine volumes and lower total shipping costs. The transportation sector experienced a decade of change. Following the deregulation and consolidation of the railroad industry, the maritime industry has recently undergone similar changes. Changes in the shipping regulations do not go unnoticed by the largest exporting sector in the United States economy, the chemical and allied products industry.