Lara GuevaraSupply Chain expert (Product and Service)

Stop Auto-Renewing Freight Contracts

24 May 2026 · 1 min

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Lara Guevara shows how one brand saved $34,000 by renegotiating an ocean freight contract that had auto-renewed for 18 months without review. The broker quoted a rate 22% lower than the existing one when presented with current lane data. Shippers leave money on the table if they don't ask for fresh quotes when market conditions shift.

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$34,000 saved. Same broker, same lane, same volume, just a current quote instead of an automatic renewal. Here is what happened. Brand had been importing on the same ocean freight contract for 18 months, set it during the Red Sea disruption peak, never revisited. We pulled their lane data, annual volume by origin port and destination, went back to the broker with the exact data and asked for for a 2025 rate. The broker came back 22% lower on the primary rate. That's $34K in one year. The broker was not cheating them before, they were just auto-renewing at the contracted rate. Nobody asked for current, the market had moved, the rate had not. And the gap between the rate you have and the rate market will give you today, that is recoverable money, but only if you ask.