{"@context":"https://schema.org","@type":"DefinedTerm","name":"Spot Rate","description":"The spot rate is the current market price for a single transport service booked at short notice – without any longer-term contractual commitment. It is formed on the spot market by supply and demand and can fluctuate daily: when capacity is tight – during peak seasons, disruptions on major routes or sudden demand surges such as in the high-tech segment of air freight – spot rates can rise by double digits within weeks; in times of overcapacity they fall below the level of long-term contract rate","inDefinedTermSet":{"@type":"DefinedTermSet","name":"Frachtportal Logistics Glossary","url":"https://www.freight-academy.com/en/glossary"},"url":"https://www.freight-academy.com/en/glossary/spot-rate","inLanguage":"en","dateModified":"2026-07-18T18:07:15.678233","citation":"https://www.hapag-lloyd.com/en/online-business/digital-insights-dock/insights/2024/10/understanding-spot-rates-in-shipping.html","markdownMirror":"https://www.freight-academy.com/api/md/glossary/en/spot-rate","provider":{"@type":"Organization","name":"Frachtportal","url":"https://www.freight-academy.com"},"quickSummary":"Spot Rate · The spot rate is the current market price for a single transport service booked at short notice – without any longer-term contractual commitment. · Quelle: https://www.hapag-lloyd.com/en/online-business/digital-insights-dock/insights/2024/10/understanding-spot-rates-in-shipping.html"}