EBOOK

9 steps to leverage the spot market

The ultimate guide to improving your freight procurement and assignment strategy

To effectively navigate the ever-changing freight market, you need to adopt a savvy and streamlined approach to spot freight. By including it in your transportation strategy, you will find capacity faster and at more competitive rates, while improving relations with carrier partners.

This eBook provides a comprehensive overview of the spot freight market and explains how to leverage it to improve your procurement strategy, your transport assignment operations and your business’s bottom line.

Read it now and gain an understanding of: 

  • The dynamics of the spot market vs. contracted freight

  • How to work with carriers on the spot market to ensure a good deal for both parties

  • Which lanes to assign via spot market for optimal efficiency

  • The benefits of automating the assignment process

What’s inside

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SOLUTIONS

Explore our digital freight solutions

Together our products work in harmony to increase transport efficiency along the full lifecycle of freight activities.

Freight Sourcing Hub

Freight Procurement

Freight Procurement
  • Smart purchasing strategy.
  • Achieve optimum freight rates.
  • Reduce administrative effort and costs.
  • Find suitable partners worldwide.
  • Audit-proof the tendering process.

Freight Sourcing Hub

Autonomous Procurement

Autonomous Procurement
  • Automates procurement using data and behavioural science.
  • Analyses how carriers make pricing decisions.
  • Achieves requested capacity at lower freight rates for road transports.
  • Fully automated process of predicting, framing offers, and concluding assignments.
  • Entirely carrier specific and automated process.

Freight Sourcing Hub

Procurement Advisory

Procurement Advisory
  • Save up to 19% on freight costs.
  • Save 30% on administrative effort with e-sourcing.
  • Use only quality-approved data for tender processes and RFQ events.
  • Ensure 100% compliance with tendering processes.

Freight Sourcing Hub

Strategic Benchmarking

Strategic Benchmarking
  • Persistent freight cost savings with up to 8% with our state of art benchmarking approach.
  • Get the most comprehensive overview of all markets and for all modes.
  • Profit from insights into latest market developments & forecasts.
  • Get a deeper understanding of rate developments & costs drivers.
  • Receive regular information with market overviews, developments, cost drivers.