Freight Spot Rates Explained: A Practical Guide for Shippers
Freight spot rates aren’t unpredictable; they’re responsive. Those that plan for the inevitable shifts can adapt faster.
Settlement & Invoicing
Streamline carrier payments and customer invoicing with flexible rules, automated workflows, and built-in controls to reduce errors, accelerate cash flow, and protect margins.
Bring carrier settlement and customer invoicing together on one platform to eliminate manual reconciliation, enforce billing rules, and maintain financial accuracy at scale
Automate freight bill entry, matching, audit, and reconciliation to reduce disputes and speed up order to cash cycles.
Support advances, overrides, third-party billing, and shared-savings models without custom workarounds or manual intervention.
Gain clear insight into payables, receivables, and real-time visibility into settlement status and financial performance.
Purpose-built workflows to support both sides of your business
Manage advances, freight bills, self-invoicing, match-pay audit, reconciliation, and third-party billing with configurable rules that ensure carriers are paid accurately and on time.
Generate standard, consolidated, or manifest invoices with automated billing rules, electronic delivery, document attachments, Accounts Receivable (AR) allocation, payment reconciliation, and support for charge overrides and shared-savings rebates.
Link each charge to tenders, rate confirmations, fuel logic, and approved changes. Clear documentation simplifies reviews and speeds payment.
Unify partners, platforms, and data within one reliable system.

from detention or demurrage

reduction in LTL overbillings
Operate on a single platform where planning, execution, and settlement work together to reduce friction and keep teams in control.
Freight Spot Rates Explained: A Practical Guide for Shippers
Freight spot rates aren’t unpredictable; they’re responsive. Those that plan for the inevitable shifts can adapt faster.
Why North American Shippers Run Transportation Differently
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Start small, experiment with adjustments, and gradually scale your efforts to unlock the full potential of your system.