Short-Term Contracts Have Become the New Norm for Shippers Seeking Long-Term Profits
The freight market is recognized for its volatility, but the coronavirus pandemic’s tremendous swings made it more volatile than ever to forecast contracts both capacity and pricing. In this whitepaper, we have explained how due to the volatility surge in the freight market, shippers are opting for shorter-term instead of the typical 12-month contracts, which can help them avoid losing a lot of money on the table. It also talks about current freight procurement procedures drawn from a variety of industries.
Frequency Of The Bidding Process For Different Lanes
Quick Wins On How Short-Term Bids Often Lead To Long-Term Benefits
Freight Procurement Procedures Sourced From Different Industries
Transportation is the biggest and most complex expense to manage for leading brands. But 3PL providers have proved to help shipping companies streamline their business operations by reducing them significantly. In this whitepaper, we have discussed how outsourcing and scaling up with the latest technology can help you optimize capacity in real-time. We have put together important insights on how the 3PL business is growing quickly and is empowering companies to reach their logistics goals and increase the overall efficiency of their business manifolds.
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