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Is a Quote a Contract? Everything You Need to Know

WorkWave

A contract is considered legally binding when certain factors are present. The five essential requirements that must be met to form a legally binding contract are consideration, acceptance, intention, capacity, and legality. Capacity refers to the legal ability of the parties involved to enter into a contract.

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LTL Freight Rates: Using data to improve annual contract negotiations

FreightWaves SONAR

With the proper use of data and freight analytics , contract procurement and securing capacity can be enhanced. Lacking data promotes trouble in annual contract capacity procurement during times of volatility. Using analytics will save time and help avoid problems securing LTL freight rates and capacities by pointing out opportunities.

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Enterprise Freight Management: 7 Last-Minute Thoughts to Boost Efficiency

FreightWaves SONAR

However, increasing freight management efficiency can come in several different forms and can present a difficult challenge. And part of that includes recognizing when existing contracts fall short and when to re-enter mini-bids, significantly as capacity tightens, says the Loadstar. Request a SONAR Demo.

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Why data is critical to freight routing guide compliance

FreightWaves SONAR

This is done by presenting in-depth insights in an effective manner, such as with an easy-to-view ticker lineup, such as seeing OTLT.USA compared to OTRI.USA side-by-side, but that can only go so far in helping to alleviate concerns with routing guide compliance. Request a SONAR Demo. Request a SONAR SCI Demo.

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The Power Of Using A TMS For Any Size LTL Shipper

Blue Grace Logistics

The benefits of these systems are managing transportation costs and navigating capacity crunches. Some of the TMS in larger companies focus on things like managing a capacity crunch and optimizing their freight for transportation across various modes. offers cutting-edge tools for strong reliability and quick performance.

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2022’s Top 5 Logistics Challenges and Parade’s Tips for Overcoming Them

Parade

Parade Tip : High levels of demand, though they can be stressful, present a wealth of business opportunities for brokerages. While many brokerages struggle to find capacity for their current workload, now is a great time to begin expanding out your network to cover new lanes. Employ tech tools like Parade to support the scale-up.

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The Power Of Using A TMS For Any Size LTL Shipper

Blue Grace Logistics

The benefits of these systems are managing transportation costs and navigating capacity crunches. Some of the TMS in larger companies focus on things like managing a capacity crunch and optimizing their freight for transportation across various modes. Want A Free BlueShip TMS Demo? The next step up is mid-sized shippers.