Freight Tendering (RFP/RFQ)

Freight tendering is the process where shippers invite carriers to bid on transportation services, typically through a Request for Quotation (RFQ) or Request for Proposal (RFP). Tenders can cover long-term contracts for steady lanes or short-term spot needs.

Why it Matters: Tendering creates competition among carriers, driving better rates and service commitments. It also introduces transparency, as companies can compare multiple offers side by side. Digital tendering platforms make the process faster and more data-driven, helping procurement teams align cost, service, and sustainability goals.