Innovative Solutions for your Business
It’s a constant battle for both carriers and shippers to operate on a consistent profit margin due to many factors within the industry. Sure, contracted lanes are helpful but to not represent a substantial portion of the market share. Coming in early 2019 another tool to minimize the volatility in the industry will be here! Both carriers and shippers will be able to hedge their risk through the creation of freight futures contracts.
These new freight futures contracts will be made up of a select number of miles within a certain freight lane. When used correctly, hedging your freight lanes can ensure a more consistent cash flow and profit margin to our business. BTL prides itself on being an industry leader and are happy to help bring another cost saving method to your business.