The Web-based platform enables motor carriers to view a shipper’s transportation requirements and bid on individual lanes, or packages of lanes. Carriers are able to enter their rates and service capabilities, create packages and bids, review specific requirements of the freight and analyze the bid results.
Schneider said BidSmart has a new capability enabling shippers to analyze bids in real time.
BidSmart is available to shippers and logistics companies through Schneider’s consulting arm, Transportation Advisory Services.
Schneider acquired the software from Swedish firm Trade Extensions, which specializes in online negotiations.
The Green Bay, Wis.-based subsidiary of the Schneider National trucking company continues to operate and license its SUMIT transportation and supplier management software. BidSmart only replaces the CVA auction process within SUMIT.
Brokerage Compliance Symposium
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
F3 Awards Dinner
The night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
F3: Future of Freight Festival
Industry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now