Dynamic Backup also has three key advantages vs. traditional spot:
Traditional spot auctions are time- and labor intensive to run, whereas Dynamic Backup does not require any load planner effort to run.
Traditional spot auctions are typically launched after your routing guide is exhausted, whereas Dynamic Backup provides instant, market rates alongside shipper’s primary and backup rates-on-file, enabling a quick comparison.
Dynamic Backup rates are often lower than Spot rates since loads have more lead time, enabling Convoy to secure capacity at lower rates.