Achieving Success with Freight Bids

<p>With the soaring cost of fuel, freight transportation costs are increasing at an alarming rate. Shippers are searching for ways to mitigate the high cost of freight. A freight bid is an excellent tool to achieve cost reductions in shipping costs. Over the years I have seen many shippers secure significant cost reductions through the successful execution of a freight bid. However, as I speak with shippers, I find that in some cases their experience with freight FRQ’s has been disappointing. Here are a few questions to ask yourself to ensure your company derives the maximum benefit from a freight bid.</p>

<p>As many of you know, the National Motor Freight Classification has been the foundation of the LTL pricing structure for domestic U.S. and Canada - U.S. LTL shipments for many years. Here is a proposal to create a density/cube based LTL tariff that has been developed by Hank Mullen of Mullen Associates and Peter Moore of Capgemini. Please take a few minutes to read the proposal and offer your comments.</p>