Reported 3 days ago
Spot freight offers a flexible and transactional alternative for shipping goods without long-term contracts, allowing shippers to respond to market fluctuations, urgent needs, or unexpected disruptions. Unlike contract freight, which provides stability in pricing and capacity, spot freight rates vary based on supply and demand dynamics, urgency of shipments, and operational costs. Businesses often use spot freight strategically to test new carriers, manage temporary demand spikes, or address logistical challenges while balancing the unpredictability of costs and service quality.
Source: YAHOO