News / US shippers face another round of re-evaluating their trucking strategy

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For the first time in over a year spot rates in the US trucking market have dropped below the level of contract prices, according to transport management and logistics provider Transplace, acquired by Uber Freight last year.

And, shippers have cause to re-examine their trucking strategy again.

This year, many US shippers changed course and signed freight contracts to secure truckload capacity in a tight market and hedge against further rate escalation. Spot rates had soared to new heights by January, after ...