Record levels of market volatility the past few years have sparked discussions — and innovations — around traditional contract terms in the logistics industry. The annual RFP was once considered the only option for contracting freight. Now, however, various tech-savvy companies within the industry have created a pathway for shorter, more responsive contracts.
FreightWaves partnered with RXO, a leader in asset-light transportation solutions, to survey both shippers and carriers about their typical behavior when it comes to upholding contracts and engaging in the spot market. The results of the research are detailed in this comprehensive report.
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