What is Spot Market Rates?
Spot Market Rates is a portion of our web-based application Truckload Rate index to provide Spot Market load information for transportation sales professions (for example, brokers, dispatchers , and pricing analysts) enabling them to quickly and accurately. – Develop Spot Market pricing to respond to RFQs – Negotiate price to complete individual transactions – Validate and verify lane rates from carriers – Compare individual company rates against industry averages – Gauge the marketplace and generate quotes without leaving money on the table – Train new dispatchers and anyone responsible for pricing decisions by providing access to timely, accurate, and historic data based on verified market conditions.
