Traditional freight procurement is riddled with inefficiencies. Static routing guides, infrequent mini-bids, and limited carrier options often result in overpaying for critical lanes while sacrificing service quality. Many transportation managers inherit their predecessor’s carrier network and standard operating procedures simply because it’s the established norm. Without the right tools to challenge the status quo, shippers remain stuck with inflated costs and suboptimal carrier performance....
Rate negotiation
Trucker Tools just made finding middle ground easier for brokers, carriers
As the market continues to challenge carriers with low spot rates and rising operational costs, fleets are currently at a disadvantage when it comes to booking loads that grow margins.
Strong relationships between brokers and carriers are always integral to the trucking industry, but during times of hardship such as this, they are even more critical.
It’s clear, then, why new Trucker Tools COO Rohit Bezewada is seeing margin optimization as a top priority for both carriers and brokers right now....
Safeguarding shipper-carrier relationships throughout negotiations
Rate negotiations can be tense, especially in an unpredictable market. When negotiations go sour, shippers and carriers alike are forced to navigate stressed relationships on top of all the other industry headwinds both parties contend with on a daily basis. In a relationship-oriented industry like logistics, this can become a serious problem.
Strained capacity, strong volumes and surging rates have characterized the freight market for well over a year now. Major headwinds — including increased...
https://www.freightwaves.com/news/safeguarding-shipper-carrier-relationships-throughout-negotiations