GPS Fleet Tracking for Spot Freight
24 Feb 2025Spot freights can play an important role in the supply chain, when it is impracticable for the shippers to commit to a long-term contract with the carriers for their goods supply.
What is spot freight?
Spot freight is a short-term agreement where the shipper requests a one-time quote from the transportation company to transport their goods. The rate offered by the carrier is good for one move.
Spot freight is becoming increasingly popular because of its flexibility and ability to offer real-time matches between shippers and carriers. It can be a great option for last-minute shipments or when dealing with fluctuating fuel costs and erratic driver behavior.
Why is spot freight a preferred option?
The key points about the spot freight popularity include:
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- Flexibility for urgent needs: Businesses can use the spot freight market to secure transportation for time-sensitive shipments.
- Market adaptability: Spot freight rates depend on market demand and supply fluctuations. Spot freight shippers can leverage the best shipping rates to transport their goods.
- Technology-driven efficiency: Digital load boards ensure a faster matching of the shipper with the carrier making it easier to find a suitable spot freight.
- Recent market trends: Fluctuating fuel costs and supply chain disruptions have further increased the demand for spot freights to navigate fluctuating market conditions.
How GPS fleet tracking can help with spot freight efficiency?
GPS fleet tracking can help with route optimization, time-sensitive spot freight shipment, and erratic driver behavior.
The benefits of GPS fleet tracking include:
- Real-time fleet tracking: GPS allows real-time vehicle tracking offering instant locational updates. It offers customers accurate delivery times and helps re-routing vehicles in case of traffic or other delays.
- Improved route planning: GPS fleet tracking allows efficient planning of delivery routes, reducing delivery times.
- Monitors driver’s behavior: GPS fleet tracking monitors driver’s behavior like speeding, reduces driver’s idle time, improving drivers safety and efficiency;
- Better fuel efficiency: GPS allows efficient route planning helping drivers take the shortest routes and ensuring optimum fuel efficiency.
- Better inventory management: GPS allows better inventory management reducing the risks of over or under-stocking.
- Efficient fleet management: Managing the fleet using GPS can improve fleet maintenance by reducing roadside breakdowns and costly repairs.
How LiveViewGPS fleet tracking can improve spot freight efficiency
LiveViewGPS offers comprehensive, cost-effective fleet tracking solutions that provides real-time visibility into a fleet’s activity. Its advanced GPS tracking technologies improve productivity, and reduce costs while ensuring excellent customer service.
Please give us a call if you have any question about LiveViewGPS tracking solutions. 1-888-544-0494.
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