Articles
Point to Point
May 10, 2025
Definition: A spot rate is a one-time, market-driven price for a specific shipment, fluctuating daily based on supply and demand. It offers flexibility and potential savings, especially when capacity loosens. However, when demand rises and capacity tightens, spot rates can spike. Since they reflect real-time market conditions, they provide cost advantages in favorable situations but can also become expensive during high demand.
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