Shippers running 2022-era bid playbooks face a tighter peak

Originally published at: Shippers running 2022-era bid playbooks face a tighter peak - FreightWaves

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…