Transportation
Rate Shopping
Comparing shipping rates from multiple carriers to select the most cost-effective option.
R
Updated 2025-10-01
Definition
Rate shopping helps businesses optimize freight costs by evaluating carriers based on price, delivery time, and service level.
Overview
Overview
Businesses use software or online tools to compare shipping options, factoring in weight, distance, and service requirements.
Benefits
- Reduces shipping expenses
- Improves delivery efficiency
- Enables better carrier negotiation
Example
An eCommerce company uses a TMS to compare overnight delivery rates from FedEx, UPS, and DHL before choosing the cheapest option.
Tags
#Rate Shopping#Transportation#Freight#Cost Optimization#Logistics
Related Terms
Freight Rate Management
Load Tendering
Freight Optimization
