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Inxeption gives truckload spot market lifeline to users scrambling for capacity ahead of peak season


News provided by

Inxeption

Sep 15, 2022, 12:20 ET

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The truckload spot market is an integral part of every shipper's supply chain. Inxeption provides advanced access to spot truckload rates.

CUPERTINO, Calif., Sept. 15, 2022 /PRNewswire-PRWeb/ -- Inxeption, the leader in Industrial Commerce and supply chain digitization, is advocating for shippers to secure truckload capacity on the spot market despite the uncertainty peak season, inflationary pressures and the narrowly averted railroad strike have created throughout the logistics industry.

Contracted rates offer a sense of stability in a turbulent market, but shippers moving to contracts before the first quarter of 2023 will pay more to move their freight. Inxeption's carrier-agnostic Industrial SuperApp provides advanced, digital and cloud-based access to the truckload spot market, making buying truckload capacity easy. The SuperApp offers true dynamic pricing by the minute and can produce six or more real-time truckload quotes from top carriers in 60 seconds. The app returns the best price on spot truckload, which shippers can then lock in for the rest of the year, making simple work of a chaotic time.

"The truckload spot market is the best place to find reliable capacity that is accurately priced far lower than any current truckload contracts. We’ve been advising our shippers for weeks to pursue the spot market instead of contracting with carriers."

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To help shippers even more, Inxeption is pledging to beat any truckload spot market quote by at least 10 percent through September 30.

To learn more about Inxeption's spot truckload app, visit Inxeption at the VIP Lounge during the CSCMP Edge 2022 Conference in Nashville. Shippers can immediately take advantage of the discount through the QuickQuote for truckload website or by emailing [email protected]. Existing customers can access these rates today through the Inxeption truckload app.

"The spot market is no longer simply for last-minute or unplanned shipments. It is an integral part of every shipper's supply chain strategy," said Roberta Tamburrino, Inxeption's senior vice president of logistics operations. "The truckload spot market is the best place to find reliable capacity that is accurately priced far lower than any current truckload contracts. We've been advising our shippers for weeks to pursue the spot market instead of contracting with carriers because we won't see the bottom of the spot for quite some time.

"The strength of our technology in procurement allows us to advocate for our customers and source the best rates every minute."

Inxeption is the first digital supply chain company that helps industrial manufacturers move, finance and command capacity for their supply chains – on demand.

"The rail strike scare and the first peak season after the world has opened up from the COVID pandemic really requires shippers to think differently about how they move goods," said Josh Allen, Inxeption's CCO. "When you've been in the industry for a long time, you read trends and cargo challenges based on your history. But the issues we're dealing with today have no correlation to the supply chain woes of the past.

"The pandemic changed everything, and Inxeption is here to bring responsive capabilities to logistics users to solve unanticipated problems and forecast for market adjustments."    

About Inxeption
Inxeption is the Industrial Commerce SuperApp. Its secure and scalable cloud-based digital commerce platform brings Capital, Data, Products and Services on-demand for industrial and supply chain businesses. Companies of any size in any industry can drive more sales, gain operational visibility and realize cost savings. Inxeption Commerce Partners enjoy access to sell products on the Inxeption B2B marketplace and to develop new online commerce channels, as well as valuable applications that simplify and streamline logistics and other operations. Inxeption's challenge to the Industrial sector is "Let's Do Business Better."

Media Contact

Jon Ross, Inxeption, 408-461-5275, [email protected]

SOURCE Inxeption

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