Hopalong
The system could be set up to bid cars when the contract is signed. That way part of the logistics is done well in advance. Then during harvest for spot or projected heavy inflows the bid rises for cars.
I am not sure why when I sign a contract in January for September delivery the freight rate is left out as a set price. It's an easy out for graincos and railways for farmers to continue to pay.
Those rates like the price of grain should be set when the contract is signed. I can't change my price if something unforeseen happens without a penalty assessed.
To be clear I am not arguing just going thru a process of why railway prices and logistics can't be prescheduled better?
The system could be set up to bid cars when the contract is signed. That way part of the logistics is done well in advance. Then during harvest for spot or projected heavy inflows the bid rises for cars.
I am not sure why when I sign a contract in January for September delivery the freight rate is left out as a set price. It's an easy out for graincos and railways for farmers to continue to pay.
Those rates like the price of grain should be set when the contract is signed. I can't change my price if something unforeseen happens without a penalty assessed.
To be clear I am not arguing just going thru a process of why railway prices and logistics can't be prescheduled better?
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