Record levels of market volatility in recent years have sparked discussion – and innovation – about traditional contractual terms in the logistics industry. Annual RFP was once considered the only option for contracting cargo. Now, however, various tech-savvy companies in the industry have created a path for shorter, more responsive contracts.
FreightWaves has partnered with RXO, a leading provider of asset-light transportation solutions, to survey both shippers and carriers about their typical behavior in adhering to contracts and participating in the spot market. The results of the investigation are presented in this comprehensive report.
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