Carriers commit to uShip spot rate service

Online freight marketplace uShip announced that 16 asset-based LTL (less-than-truckload) carriers, including Roadrunner Transportation Systems and R&L Carriers, have committed to uShip’s LTL spot rate marketplace.
The new service lets carriers publish real-time, dynamically-priced rates for—and work directly with—small to midsize shippers posting freight to the uShip freight marketplace, ultimately helping LTL carriers optimize their highest yield profit segment.
“uShip is offering a true neutral online marketplace where LTL carriers can update their rates as often as they want and gain incremental market share from smaller shippers, both of which lead to accelerated growth at strong yield levels,” said Jim Bramlett, general manager of LTL freight at uShip.
Today, uShip has thousands of business shipments available to carriers through 250,000 registered business shippers that represent more than 35% of the total shipping volume processed through its site.
When shippers post palletized LTL freight on uShip.com, LTL carriers’ dynamically priced offers are shown, driven from their pricing engines. LTL freight shippers then evaluate those instant upfront rates and decide whether to book one or post to uShip’s open marketplace for more quotes. In order for rates to match the reality of the shipment, carriers set pre-defined parameters, including specific lanes, freight type, restrictions, pickup/drop conditions, and seasonal pricing.
Access www.uship.com for full information.