While annual bid events are still one of the primary ways companies go about procuring transportation, many are turning to shorter, more targeted "mini-bids" as a way to shore up problematic lanes within their networks.
Transportation mini-bids have grown in popularity in recent years. With sophisticated data analytics, these continuous procurement strategies are easier to execute than they once were, and they can add much needed flexibility to your supply chain.
Procuring truckload capacity is unique compared to other commodities. If your finance department isn't aware of these characteristics that are unique to truckload freight, then getting budget approval might be difficult.