Q&A - How Are Freight Rates Determined?

Understanding supply and demand is, at its core, the basis of determining freight rates. So in this episode I answer the question of how do freight broker determine the freight rates they provide shippers?  Timestamps: [00:00] How are freight rates determined [00:37] The law of supply and demand [01:44] Low rates and low demand [02:36] Understanding supply and demand [04:05] Rating tools [05:17] Subscribe, Rate & Review ---------------------------------- If you enjoyed this episode, please RATE / REVIEW and SUBSCRIBE to ensure you never miss an episode. Connect w/ Dennis & Learn More! Connect with me on LinkedIn Learn to Become A Freight Broker/Agent in 30 Days or Less! Watch Freight Broker Training Videos FREE Recently Ranked "Top 30 Freight Podcast"