chris1 |
08-03-2009 04:49 PM |
Quote:
Originally Posted by RostyC
(Post 457958)
ok, educate me please.
I found this one online. FreightRFQ.com
Can you give me a general overview of how the process works. I might sign up for this one just to see what it's all about, but I'd like to have a little information before I do.
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That is just one of hundreds of "load boards" Same thing different name.Pay a fee or percentage to participate.
Online RFQ's are by invite only to qualified carriers.(in some cases open to brokers) They may have 100's of lanes and 1000's of loads per month/quarter. You have a time period to review everything and the "rate war" lasts one day. You see where your standing is as the bid progresses. Bids go by price and commitment. Very hard for a single or few trucks to compete in it.
Some RFQ's allow a percentage of a lane or percentage of the total to be brokered. Remember a common carrier has the right to use substituted service. Thats why most state that the bid is under contract authority.
In closed systems a shipper may "offer" loads to multiple carriers or tender a load to a certain carrier. Again the carrier has to be qualified to be in the system. No DOT rating,no qualification.
For a shipper to use a carrier direct loading ("e-load") is very time consuming and not pratical at all. Fielding multiple calls,wide range of rates,availibilty,qualification,ect is not worth the time involved.
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