Episode 207: Deconstructing Freight Rates (with Tamir Dov from DAT)
Freight 360
00:00
Analyzing Freight Rates: Spot vs. Contract
Exploring the differences and convergences between spot and contract rates in the freight industry, emphasizing the role of fuel costs, coding practices, and contributors' data in determining pricing. The chapter discusses the significance of inner quartile ranges, standard deviation, and rate forecasts to understand market variability and make informed decisions. It also addresses misconceptions around maximum and minimum freight rates, highlighting the impact of lead time and booking strategies on securing loads at competitive prices.
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