Supply Chain Optimization

Contract Prices Firm Slightly

Cowen predicts truckload contract pricing will increase 1.6% in the next 6 months.  This is ~half the long-term running average.
My experience is that few companies use best practices when bidding on freight. The best practice is to bid:
  • Origin-destination mode 
  • Rate
  • Expected payload. 
Here is an example of a routing guide from a "best practices" company:Screenshot (894)