Get Carolina Transport Solutions Broker - Shipper Load Tender And Rate Confirmation 2010-2025

The process of load tendering consists of requesting a load tender from a carrier and giving them the ability to respond by rejection or acceptance.

Rate Confirmation. The freight rate confirmation is an agreement between the shipper, third-party provider, if present, and carrier that details the shipment rates. All brokers must provide rate confirmations to carriers before pick-up. That critical function helps to avoid surprises in billing.

What is Freight Tendering in the Spot Market? Procuring the best truckload spot rates involves freight tendering, a process in which shippers ask carriers to provide a quote for transporting shipments from Point A to Point B.

The term “rate con” (short for rate confirmation) is a legally binding agreement between a freight broker and a carrier that the freight broker must provide for the carrier to sign before proceeding.

A rate sheet is a spreadsheet provided by your carrier, shipper, or 3PL (third-party logistics company) that Zonos can use to calculate your shipping rates when a carrier account connection is not available or service level calculation for a connected carrier does not return rates via API.

The rate confirmation is provided by the brokerage agent and is also called a rate sheet or rate con, for short. Bill of Lading – BOL, for short, is essentially a receipt of cargo that passes the responsibility of the cargo to the carrier while it's in transit.

EDI 204, also known as Motor Carrier Load Tender, is an electronic data interchange document used by shippers to offer, or tender, a truckload or less than truckload shipment to a carrier. A shipper can be a manufacturer, a distribution center, a retailer, or anyone else wishing to ship goods.

Load confirmation is the process of checking and confirming that all packages loaded into the vehicle belong to the orders in the route and are loaded in sufficient quantity. Simply put, making sure that the right packages are heading to the right customers.

Rate confirmation The freight rate confirmation document is a legally binding agreement between the freight brokerage, the shipper, and the carrier. The carrier signs it once they agree to move the load at the negotiated rate. The freight broker provides this form to the carrier before they pick up the load.