When it comes to transportation, pricing plays a crucial role for shippers.  Understanding how shippers get pricing and the different types of pricing events in transportation is essential for successful logistics management. 

It is important for all roles across the supply chain to understand the various types of pricing events as well as the factors and trends that affect their timing and frequency.

These pricing events, such as RFPs, RFIs, and RFQs, play a crucial role in determining the pricing, service levels, and contractual terms between shippers and carriers. By understanding these events, shippers can effectively gather vital information about carriers' capabilities and services, negotiate pricing for specific shipments, and strategically select their OTR partners based on cost, service quality, and other key factors. This knowledge ensures smooth and efficient operations throughout the supply chain, leading to successful transportation logistics management.

After all, there's no chance of sticking to a transportation budget without pricing...