Shippers running 2022-era bid playbooks face a tighter peak

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Shippers relying on long rate locks, steep penalties, and inflexible bidding strategies developed between 2022 and 2025 may struggle in a tighter peak-season freight market. A. Duie Pyle strategist Craig Lough says the market requires more adaptable procurement approaches.

Some shippers are heading into peak season with the bid strategy that carried them from 2022 through 2025: long rate locks, steep penalties and little flexibility. That strategy is breaking down in a tighter market, said Craig Lough, director of strategic planning at A. Duie Pyle, who leads the company’s non-asset brokerage division. Lough has […] The post Shippers running 2022-era bid playbooks face a tighter peak appeared first on FreightWaves.