Freight is fraught with all kinds of uncertainties and trade-offs. If you award your truckload business with a price that ends up being too low, you may have trouble securing trucks if the spot market heats up. Pay too much, and you’re cutting needlessly into your bottom line. Especially in a volatile spot market, where most shipments are handled – and priced – on a one-time, transactional basis. 

Transportation procurement has become more of a continuous process as shippers are starting to dynamically adjust capacity to fill gaps. New technology is enabling shippers to level up their transportation management practices to not only navigate challenges in real time, but also mitigate the need for last-minute scrambling through improved forecasting. Planning ahead can help improve business outcomes significantly – that’s the power of prediction. Learn how by downloading this eBook today.