FreightForge is an application that facilitates automated bidding on spot shipments, or one-time conditional shipments, allowing carriers to bid directly to shippers. It provides an open platform for shipments that do not fit within shippers' contracted carrier networks. Carriers can bid on shipments matching their profile, removing brokers and allowing carriers to earn more revenue through direct billing and relationships. The application notifies carriers of bidding opportunities, and shippers can submit shipment details automatically or directly. Carriers and shippers interact through the bidding process to arrange spot shipments. FreightForge costs carriers low fees to quote and be awarded bids, providing an alternative to load boards.

1. A Spot Market Network
Your rates, your terms

2. What is FreightForge?
FreightForge is a best-practice application in
transportation procurement, providing automated
bidding on conditional one-time shipments otherwise
known as spot shipments
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3. FreightForge Rationale
Every shipper has a defined annual budget for freight
spend
• Budget means shippers predefine their needs and
contract with carriers on a goal of 100% coverage
• 100% is not always attainable
• Budgets are always in jeopardy
• 5% to 15% shipments are not budgeted for, leaving shippers
to find an alternative path
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4. What does FreightForge Do?
For Shippers;
FreightForge provides an open platform for all shipments that
fall out of their contracted, defined network due to;
• Carrier lane imbalances
• Not enough capacity due to higher than normal patterns
• New customers in non-traditional lanes
Allows carriers to bid on the conditional shipment
• Reduced spot market rates due to better fit
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5. What Does FreightForge Do?
For Carriers;
FreightForge provides a platform to bid, directly to shippers, for
one-time shipments that fit their predefined profile
• Removing brokers from the middle allows for more revenue
• Direct bidding ensures better fit
• Direct billing and settlement provides an opportunity for relationship
outside the network
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6. How Does it Work?
• A shipper needs a spot shipment covered
• Submission can be automated – spreadsheet – or direct entry
• Carriers matching the profile of the shipment are notified of the
opportunity to bid
• Equipment type – direction – etc…
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Create Price
request
Payment
Freight
transport
Invoice
issue
Respond to
price
request
Select
filter
Select
offer
Shipper
Carrier

7. What does it cost?
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Compared with load boards and other so-called “networks,”
FreightForge helps carriers keep more of their transaction revenue
FreightForge is free to join, and you only pay for what you use
Quote Price $100
Cost if Awarded
Cost to Quote $0.05
$0.50
$500
$0.25
$2.50
$1000
$0.50
$5.00
Total Cost $0.55 $2.75 $5.50