Executive Briefings

Aligning Transportation Budgets with Market Conditions

Many shippers could save money by taking advantage of the substantial spot market for transportation, says Ralph Galantine, product manager at DAT. The spot market often consists of backhaul equipment that would otherwise move empty, so it is offered at a lower rate, he explains. Capacity varies greatly by lane, however, so good market data is essential. [Run Time (Min.): 11:12]

Many shippers could save money by taking advantage of the substantial spot market for transportation, says Ralph Galantine, product manager at DAT. The spot market often consists of backhaul equipment that would otherwise move empty, so it is offered at a lower rate, he explains. Capacity varies greatly by lane, however, so good market data is essential. [Run Time (Min.): 11:12]