No more storage place? Think about it, emerging consumer behaviors are straining the logistics of warehouses.
During the Covid-19 crisis, many people across the globe realized how vital it is to add as much intelligence as possible to our supply chain and logistics networks. Logistics providers were overbooked and overworked, and supply chains were stretched to their limits. Somehow, fortunately, the system held together.
Can you still remember how life in logistics was before everything came crashing down with COVID-19? Well, before 2020, companies were already interested in digitising their supply chains. Therefore, it was no surprise that the pandemic and social isolation drove the end-to-end digitalisation of supply chain processes.
Both freight spot and contract rates offer shippers a different value proposition, with contract providing the year-long security of price and capacity, while spot is there to assist shippers when their contract carriers are not enough or there is a special need to move freight on a lane a contract price has yet to be negotiated.