What are spot trucking rates?

pot trucking rates are one-time freight charges based on current market conditions. They fluctuate daily depending on supply, demand, fuel costs, and capacity availability.

How do spot trucking rates differ from contract rates?

Spot rates are short-term and market-driven, while contract rates are pre-negotiated and fixed for a set period. Spot rates offer flexibility but can be volatile, whereas contract rates provide stability and cost predictability.

How do seasonal trends affect spot trucking prices?

Peak seasons, such as holiday demand spikes or agricultural harvests, drive up spot rates due to increased freight volume. Conversely, slower periods or economic downturns may cause rates to drop as demand decreases.