For anyone following the ongoing discussion surrounding supply chain challenges and high transportation costs has also noticed the rollercoaster of rising and falling rates over the last few years. During that time, shippers have turned to the spot market as a temporary — and sometimes more frequent — option to find transportation that meets their customers’ expectations.
This guide discusses the pros and cons of spot rates and how to effectively augment your typical contract rates. But for those newer to the discussion, let’s start at the beginning.