After years of soaring rates and strained capacity, shippers have been buoyed by a softening market over the past few months. As capacity loosens up and spot rates fall, shippers and carriers alike are taking a look at their contracts. While carriers are hoping to lock in new annual rates before they dip even lower, shippers may be interested in evaluating shorter-term options that allow them to take advantage of future market shifts.
“For the first time in more than 3 years, the market is more...
https://www.freightwaves.com/news/shorter-rfps-gain-ground-as-market-softens