US truck brokers are leveraging technology to wean truckload shippers off the annual ritual of contract negotiations.
They argue that shippers lose time and money in negotiating, and subsequent administration of, contracts, only to find rates are often not honoured due to market instability.
Indeed, the freight brokerage arm of CH Robinson argued that shippers had not been served well by annual contracts. This year’s gyrations caused by Covid-19 have sent many shippers …
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Source: The Loadstar