spot market

Learn about Automating the Spot Quote Process for Full Truckload Brokers

What is exciting for 2022, autonomous trucks make a big jump, Amazon shopping addicts by state, and FMCSA is hiring … again.

With spot rates soaring, Edge Logistics President Will Kerr gives his take on where the freight market is going in 2022 during a fireside chat at the FreightWaves Domestic Supply Chain Summit.

Ultimately, utilizing digital tools to manage spot transactions drives down both transportation and labor costs.

“Partnering with someone like Emerge, someone whose primary focus is staying in tune with technology, we can move much faster, pivot when need be and continue to move forward and focus on operational execution for our customers,” said DHL Supply Chain North America’s president of transportation.

Kevin Hill takes you through the ways to navigate different spot markets in order to make a sale on this episode of Put That Coffee Down.

Here’s a closer look at the difference between spot and contracted freight rates.

The world’s largest shipping line says it has changed its ways and is no longer playing the spot market, instead going steady with long-term partners.

SmartHop is more than just a freight dispatch; its “business-in-a-box” tools distinguish it as a comprehensive solution for over-the-road-trucking.

On the whole, deregulation of transportation is beneficial to the economy.

“Our data shows that Powerfleet’s over-the-road customers have not only rebounded, but have surpassed the pre-March 13th levels by nearly 7%,” said Daniel Romary.

To view the full article and other Passport Research reports, click here.

Loadsure founder explains the benefits of “pay-as-you-go” freight insurance.

Spot freight may only account for 10-20% of total freight moved in the U.S., but its activity paints the picture of the entire freight market. Tom Mallon joins to discuss the direction of rates in 2020. Also; Coronavirus update along with the current state of the market as well as recent economic releases.

The company describes Winmore 360° as the world’s first LSP-focused integrated software for every stage of the transportation RFP process and tendered lifecycle.

U.S. Xpress cites a weaker spot market and compressed brokerage margins as reasons for the third quarter loss. However, the decision to grow its fleet, a portion of which is reliant on the spot market, drew several questions from analysts on its call.

Payment visibility is a proven builder of carrier loyalty.

Truckload carriers are falling off of out-of-network freight; it ends up with brokers.

Spooked shippers are trying to lock in capacity ahead of the holiday push.

The July Cass Information Systems Inc. Freight Shipments Index sounded dire warnings for an economic contraction following the eighth consecutive month of negative year-over-year numbers.