Shorter RFPs gain ground as market softens

A white semi-truck is traveling down a road with a blue sky in the background.

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...

Leave a Comment

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.