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Ep. 4 | Unpacking Your Open-Deck Freight Rates With the Help of a Transportation Pricing Analyst
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Open-deck freight shipping using flatbed, step-deck and double-drop trailers, though an intricate process, shouldn't break the bank. You have a transportation budget to stick to and rigid freight requirements.
That is why you can't afford to overpay for your open-deck shipment unnecessarily. However, with so many factors influencing the spot rates you receive, it can be difficult to budget for this expense.
What rate per mile (RPM) should you expect for your next shipment? How much will this vary and what makes it do so?
You should never be left with these kinds of questions unanswered. In this episode of Beyond the Road, let’s speak to a transportation-industry pricing expert and go over the major factors that together determine open-deck freight rates and the things he thinks about when pricing open-deck loads.
In this episode we cover:
- What the typical price per mile for open-deck transport are and how this has changed over time
- The major factors driving open-deck freight rates:
- The shipment's specifics
- The equipment-type needed
- The shipment's origin/destination
- The load's length of haul
- The urgency of the load
- Accessorial charges
- Weather conditions
- Tips for getting the most accurate spot quotes possible
Related Article:
What Does Flatbed Shipping Cost? [8 Factors to Know]
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1. Topic Intro (00:00:00)
2. Meet Reid Eggen (00:01:15)
3. Current and Past Open-Deck RPM Ranges (00:03:43)
4. 7 Factors That Drive Open-Deck Rates (00:05:45)
5. #1: The Specifics (Dimensions) Of The Load (00:06:37)
6. #2: The Equipment Needed (00:07:18)
7. #3: Origin/Destination Locations (00:08:07)
8. #4: The Freight's Length of Haul (00:12:02)
9. #5: The Urgency of The Shipment (00:16:05)
10. #6: Accessorial Fees (00:17:45)
11. #7: Weather (00:22:27)
12. Tips For Maximizing Your Budget (00:23:34)
13. What to Expect Going Forward (00:24:43)
14. Wrap-Up and Offers (00:26:07)
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