Uber Freight

Bringing price predictability to shippers with locked-in rates

January 26 / US

A new self-service tool to secure flexible short-term rates, instantly

For small and mid-sized businesses, every shipment is critical and the need to quickly secure predictable pricing and reliable coverage is increasingly important, especially during periods of market volatility. Unfortunately, many small and mid-sized businesses don’t have the tools, time, or buying power that most enterprises have available to negotiate short-term contracts to lock in consistent prices on their shipments. As a result, they often rely on a fluctuating spot market. 

Uber Freight is addressing these challenges head-on with a new tool now available in the free-to-use shipper platform.The user friendly, self-service tool saves customers time with instant pricing on recurring lanes, and ensures priority coverage.

With as little as one committed shipment per week, the benefits of short-term contracts are now within reach for businesses of all sizes for a multitude of use cases. Rate locking commitments are designed to be flexible, ranging from weekly commitments of 4 to 12 weeks, and monthly commitments of 2 to 3 months. Volume commitment ranges from a single shipment per week or month, to 15 per week or 60 per month maximum. Shippers can now secure a price for their regular recurring shipments, plan ahead for seasonal spikes, reduce exposure during volatile markets, or secure a guaranteed shipment cost for their end customer. 

The rapidly-changing market over the last year and continued challenges that lie ahead have underscored the important role that digital freight solutions like Uber Freight plays in helping small and mid-sized businesses adapt. Now, business owners and operations managers can use the new rate locking tool to get priority coverage, improve predictability, and secure a rate that works for them.