The future of procurement is real-time. Historically, the procurement process has involved shippers securing quotes from carriers through the bidding process, with carriers putting forward rates and shippers choosing based on the best provider and price. However, whether bidding is done through RFPs or spot auctions, traditional methods leave money on the table.
In the six years since its inception, Uber Freight has demonstrated that automated, instant load procurement for transportation service providers and shippers is not only possible but, for many, the most efficient way to move loads quickly at optimized rates.
When contract rates are locked in, shippers gain comfort in knowing what they will spend over the next 12 months. But when trucking rates plummet, as in today’s soft market, they risk overpaying.
