Method for online display and negotiation of cargo rates

• US 6,064,981 A
• Filed: 06/17/1999
• Issued: 05/16/2000
• Est. Priority Date: 06/17/1999
• Status: Expired due to Term

• Current Assignee: Planet Traders, Inc. (WiseTech Global Limited)
• Original Assignee: Daniel M. Miller, Neil A. Barni
• Inventors: Miller, Daniel M., Barni, Neil A.
• Primary Examiner(s): Tkacs, Stephen R.
• Assistant Examiner(s): GROUTT, PHILLIP J
• Application Number:
  US09/335,451
• Time in Patent Office: 334 Days
• Field of Search: 705/26, 705/400, 705/401, 705/402, 705/408, 705/409, 705/407
• US Class Current: 705/26.3
• CPC Class Codes: G06Q 10/08 Logistics, e.g. warehousing, loading or distribution; Inventory or stock management
• CPC Class Codes: G06Q 30/0283 Price estimation or determination
• CPC Class Codes: G06Q 30/0633 Lists, e.g. purchase orders, compilation or processing
• CPC Class Codes: G06Q 30/08 Auctions
• CPC Class Codes: G06Q 40/04 Trading; Exchange, e.g. stocks, commodities, derivatives or currency exchange
• CPC Class Codes: G06Q 50/188 Electronic negotiation

Abstract

Freight forwarders and carriers post published rate and discount information for land, sea and air bearing cargo vessels to allow customers the opportunity to evaluate competitive prices, preferably in one consolidated location (e.g., a web site). A customer navigates to the site to obtain published or discounted rate information offered by a freight forwarder or carrier. The customer may accept a posted rate, in which case the site operator notifies the freight forwarder or carrier. Alternatively, customers, freight forwarders and carriers may negotiate rates for particular lanes of interest using an online interactive auction block.

Claims

1. A method operative at a server for enabling a first entity to negotiate with a second entity online to secure a cargo shipping commitment, comprising the steps of:

having the first entity post a bid to an online auction block maintained at the server;

in response to a request from the second entity to the server identifying a given cargo shipping lane, identifying a set of bids for that shipping lane; and

in response to the second entity accepting a given one of the set of bids posted by the first entity, sending a message to the first and second entities confirming a cargo shipping commitment.

2. The method as described in claim 1 wherein the identity of the first entity is anonymous.

3. The method as described in claim 2 further including the step of notifying the second entity of the identity of the first entity after sending the message.

4. The method as described in claim 1 wherein the first entity is a customer that desires to ship goods, and the second entity is a carrier.

5. The method as described in claim 1 wherein the first entity is a carrier, and the second entity is a customer that desires to ship goods.

6. The method as described in claim 1 wherein each of the first and second entities remain anonymous to each other until after the message is sent.

7. The method as described in claim 1 wherein the second entity is charged a fee for the accepted bid.

8. The method as described in claim 1 wherein the bid identifies a number of freight units.

9. The method as described in claim 1 wherein the bid identifies a desired ship date and time.

10. The method as described in claim 1 wherein the bid identifies a desired price.

11. A server connectable to a computer network, comprising:

a database of shipping information;

a display routine for displaying a table of cargo rates indexed by user-selected shipping lane; and

an auction routine for enabling users of client machines to negotiate to buy and sell cargo shipping commitments.

12. The server as described in claim 11 wherein the auction routine includes means for enabling a customer to post a bid for a given cargo shipping lane.

13. The server as described in claim 12 wherein the auction routine further includes means for enabling a carrier to accept the bid for the given cargo shipping lane.

14. The server as described in claim 11 wherein the auction routine includes means for enabling a carrier to post a bid for a given cargo shipping lane.

15. The server as described in claim 14 wherein the auction routine further includes means for enabling a customer to accept the bid for the given cargo shipping lane.

16. The server as described in claim 11 wherein the auction routine further includes means for notifying users that a given cargo shipping commitment has been made.

17. The server as described in claim 11 further including means for authorizing a given user to access the auction routine.