Quote Request

The process of inviting service providers / carriers to quote on a specific shipment. It may also be called Freight Spot Bidding. Often applicable for one-off shipments that require handling outside of regular contracts, which means that there is no price available and/or yet quoted for that shipment. Although many Shippers have contracts and rate cards in place, there is often still a need to have the flexibility to make use of the spot market. Through a quote request, Shippers can easily request the price for such a shipment from new and/or existing business partners / carriers.

Disclaimer
Our content is not in any way legal advice or binding. The information provided by might not be the official legal or full definition. Also when pursuing a specific transaction you are encouraged to conduct your own due diligence and to consult legal counsel as appropriate.