Freight Bid Tip # 9. Sign Contracts with your Large Core Carriers

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Freight Bid Tip # 9. Sign Contracts with your Large Core Carriers

10 years ago

If your company provides hundreds of thousands or millions of dollars in revenue to certain carriers, they are a critical part of your success, or failure and vice versa. While a rate quote may be a suitable form of agreement between shipper and carrier, for low volume service providers, it is not adequate for larger […]

Freight Bid Tip # 8. Perform a Market Test with New Carriers

10 years ago

As the freight bid process comes to conclusion, there is an urgency to award the business so the shipper can begin enjoying the cost savings that were achieved. While this is understandable, it is important to keep several things in mind. First, if business is being awarded to new carriers, they need to come up […]

Freight Bid Tip # 7. Establish Backup Carriers for Most Blocks of Business

10 years ago

We live in an ever-changing world. Trucking companies come and go. They are being bought, sold, merged, downsized and resized every day. Under new management, a company may flourish or deteriorate. In this era of driver shortages, carriers are being very deliberate about how they allocate their capacity. As they focus on yield management, this […]

Freight Bid Tip # 6 – Meet Face-to-Face with Potential Carriers and Perform Due Diligence

10 years ago

We live in an era of impersonal communication. E mails, text messages, tweets and GoToMeetings have replaced face to face communication in many instances. The decision to award millions or tens of millions of dollars in freight transportation to a set of carriers is a very important one. You don’t want to entrust your company’s […]