Spot rates are all over the place in the current freight market and brokers need to understand how to work each different spot. On this episode of Put That Coffee Down, Kevin Hill walks you through each different market and what you need to know to be successful across the board.
Hill again welcomes FreightWaves SONAR account executive Richie Daigle as his co-host to discuss how spot markets are the wild card in freight — you never know what you are going to get.
They say spot rates are like ERAs (earned run averages) for a pitcher in baseball. The lower the spot is, the calmer the game (market) is.
Daigle and Hill bring on Omar Singh, president and founder of Surge Transportation, to talk about his recent article, “7 Steps to Strategic Partnership Between Shipper and Service Provider.”
Building that strategic partnership will develop a broker’s understanding of those different spot markets — and help knock sales and customer service out of the park.
You can find more Put That Coffee Down episodes and recaps for all our live podcasts here.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now