Shippers and freight forwarders forecast their transportation requirements for the fiscal year ahead: estimating shipment volumes, lanes, and required capacity, then negotiating framework agreements with carriers and negotiating rates.
Source: https://www.investopedia.com/terms/p/procurement-planning.asp
Matching tools and partners
You might also be interested in these terms
Verified forwarders, ranked by coverage and profile — premium capped at 10%.
Free · No password · Never a paywall. Weekly top news and facts from logistics.
Content reviewed and editorially cleared.
Share your knowledge, ask follow-up questions, or add practical insights to this page. Every contribution is moderated before publication.