Contract freight rates vs. spot rates: a tech-driven guide
Finding a balance between spot freight and contract freight remains a top priority for freight managers, shippers, brokers and carriers alike. Each of these companies wants to maximize profitability. For a carrier or broker, that amounts to getting the best rate per load – whether spot or contract. And for shippers, that amounts to keeping […]
How contract freight and spot freight analysis guides mini-bids
Spot freight rates are higher. Contract freight rates are lower. Contracted capacity is severely limited. Contracted capacity in each lane is the most competitive it’s ever been. Contracted capacity and tender rejections are at record highs. Spot rates are still climbing. Now, contract rates are climbing in tandem. And the election is putting more pressure […]