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
