System and method of selecting freight forwarding companies
First Claim
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1. A method of identifying a bid of a freight forwarding company comprising:
- receiving a plurality of bids, each bid being associated with a traffic lane, a potential requirement for a move, a price rate associated with the potential requirement for a move, and a freight forwarding company, at least two of said plurality of bids being associated with different freight forwarding companies,receiving, after receiving the plurality of bids, a move request associated with a traffic lane, a moving requirement and a quantity value associated with the moving requirement,identifying a plurality of bids by comparing the traffic lane and the potential requirement of the received bids with the traffic lane and the moving requirement of the move request, andcalculating a cost for each of the identified bids dependant on the price rate and quantity value.
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Abstract
A system and method for selecting freight forwarding companies are provided wherein bids for shipping lanes and the like are received well in advance of a freight move. Bids are submitted on shipping lanes and other move associated transactions by pre-approved freight forwarding companies. This information is stored in a database. Selection of the freight forwarding company or companies occurs in connection with evaluating the bid information submitted and historical data stored on the database.
52 Citations
6 Claims
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1. A method of identifying a bid of a freight forwarding company comprising:
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receiving a plurality of bids, each bid being associated with a traffic lane, a potential requirement for a move, a price rate associated with the potential requirement for a move, and a freight forwarding company, at least two of said plurality of bids being associated with different freight forwarding companies, receiving, after receiving the plurality of bids, a move request associated with a traffic lane, a moving requirement and a quantity value associated with the moving requirement, identifying a plurality of bids by comparing the traffic lane and the potential requirement of the received bids with the traffic lane and the moving requirement of the move request, and calculating a cost for each of the identified bids dependant on the price rate and quantity value. - View Dependent Claims (2, 3, 4, 5, 6)
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Specification