Spot market perception and actuality
Every day, hundreds of thousands truck loads are moved in the nation. The loads include “last mile” loads, long haul (over 500 miles), and short haul (less than 500 miles). Approximately one third of all truck loads are moved in the spot market. The spot market is made up of transactional based freight where trucks and loads are usually negotiated and tendered on a one-by-one basis.
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Source:: http://fleetowner.com/fleet-management/spot-market-perception-and-actuality
