Tender

Formalized procedure through which a shipper invites bids from multiple transport service providers (carriers, freight forwarders, and freight brokers) to select the best bidder(s) within a defined scope.

It aims to:

• Obtain the best rates on the market
• Ensure coverage of logistics flows over a given period
• Diversify the pool of service providers and reduce the risk of dependency
• Formalize and secure contractual commitments