Spot market agreements
Contracts made for short term or one time services are generally made on the spot market. Such contracts are usually negotiated quickly and, therefore, standard terms and conditions of the shipper are generally used. These types of contracts are common for local transport of goods. Because of the ad hoc nature of these types of contracts, the contracting process is usually manual with contracts being negotiated over the telephone and confirmed via fax or email.
Last change: 2011-11-17