Pierre Cariou , Haiying Jia , François-Charles Wolff
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Price discrimination between freight forwarders and carriers: Evidence from the container shipping industry
Freight forwarders often serve as intermediaries in the container shipping industry, facilitating reservations and negotiating container freight rates between shippers and carriers. This study empirically investigates whether these freight forwarders experience price discrimination compared to shippers who engage in direct price negotiations with carriers. The analysis uses a unique dataset consisting of approximately 1.5 million real-world transactions from 2018 to 2023. The results show that, on average, freight forwarders incur a 5 % premium for short-term contracts but receive a 3 % discount for long-term contracts. Moreover, the premium was more pronounced during the COVID-19 pandemic, peaking at 18.1 % in 2021–2022. This finding is corroborated by a robust estimation that matches contracts negotiated by freight forwarders with comparable contracts negotiated directly by shippers.
期刊介绍:
Transport Policy is an international journal aimed at bridging the gap between theory and practice in transport. Its subject areas reflect the concerns of policymakers in government, industry, voluntary organisations and the public at large, providing independent, original and rigorous analysis to understand how policy decisions have been taken, monitor their effects, and suggest how they may be improved. The journal treats the transport sector comprehensively, and in the context of other sectors including energy, housing, industry and planning. All modes are covered: land, sea and air; road and rail; public and private; motorised and non-motorised; passenger and freight.