Transportation

Spot Quote

A shipping rate provided for a single shipment without a long-term contract.

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Updated 2025-10-01

Definition

Spot quotes allow shippers to compare rates for specific shipments in real-time, often used in freight brokerage or ad-hoc shipping.

Overview

Overview

Spot quoting provides flexibility for urgent or irregular shipments but may vary significantly from contracted rates.

Features

  • Real-time carrier pricing
  • Quick booking
  • Flexible shipment terms

Example

A manufacturer receives a spot quote to ship 2 pallets overnight due to a last-minute customer order.

Tags

#Spot Quote#Freight#Transportation#Logistics#Rates

Related Terms

Freight Bidding
Freight Broker
Load Tendering