Freight Marketplace FOR SHIPPERS

Freight Marketplace

Discover Freight Marketplace - where logistics partners connect, collaborate and forge meaningful partnerships.

A quality procurement tool you don’t have to pay for.

Announcing new features!

Market Intelligence provides real-time market insights for better rate negotiation. Spot capabilities offer immediate access to spot rates and capacity. Enhanced carrier profiles streamline partner selection and ensure reliability. Tender Analysis optimizes bidding strategies with performance insights.

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BENEFITS

Let´s work together

Discover new potential business partners, build strong relationships and find available capacity faster - all in one neutral space.

Break down barriers and discover new opportunities by connecting with the right partners based on specific needs, capabilities, and requirements.

BENEFITS

Streamlined negotiations

Finding the right partners for logistics services is a challenge, often leading to cumbersome negotiations. 

Freight Marketplace simplifies this with efficient, automated negotiations. It compares offers to market rates and enables data-driven decisions, based on multi-dimensional factors beyond price, including volume and emissions data. 

BENEFITS

Perfect fit, every time

Access comprehensive profiles of logistics providers and easily search for partners, based on specific requirements, ensuring a seamless matchmaking process. 

  • Trust in the most accurate information 

  • Benefit from a combination of self-declared and third-party verified facts

  • Find the perfect logistics partner for your business
  • NEW! Verified metrics and essential documents such as insurance certificates, EU licence, company registration, ISO certifications etc verified by our team
BENEFITS

Emissions reduction

Sustainability plays an important role in logistics operations.

Freight Marketplace goes beyond traditional procurement tools by incorporating emissions considerations into the decision-making process, so you can prioritise low-emission options. 

BENEFITS

Stop Guessing, Get Smart

Beat the uncertainty of price bidding. Leverage the power of Market Insights in Freight Marketplace and discover Contract Rate on Demand. 

  • Real-time market data alongside every quote you receive
  • Instant insights into the average European FTL market price for your specific lane and timeframe
  • Negotiate like a pro with the power to identify overpriced quotes at a glance
VIDEO

Unveiling the Capabilities of Freight Marketplace

Explore the product with our Chief Platform Officer Jonah McIntire for an inside look at the future of logistics.

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Primary features

Tactical Tenders

Launch road freight tactical tenders, tailored for contracted shipments on specific routes or capacity volumes. Quickly find available capacity, which aligns perfectly with your business.

Spot Tenders

Secure immediate transport capacity with Spot Tenders. Quickly find capacity for your urgent shipments and optimise your supply chain for unexpected transportation needs.

Multi-Lane Upload

Expand your reach with Multi-Lane Upload. Upload multiple freight lanes at once and efficiently find carriers for various transport needs. From single lane to multilane, we've got you covered.

Tender Analysis

Gain better control over lane requests with Tender Analysis. Evaluate award scenarios, compare offers, and make data-driven decisions. Gain insights into allocated shipments, sellers, and costs for improved efficiency and savings.

Counterparty discovery

Find new carriers and connect through high-quality profiles, ensuring secure and efficient transactions.

Marketplace profiles

View service providers performance metrics and fleet data, via their comprehensive profiles.

Multi-dimensional negotiations

Engage in negotiations not only based on price, but also based on capacity, or CO2 emissions, for improved decision-making.

Integration of additional data

Leverage additional data, such as distance calculation, emissions, market intelligence, and benchmarking information, for superior outcomes.

Seamless user experience

Enjoy a user-friendly interface with intuitive design and self-explanatory features, providing a streamlined process.

Launch road freight tactical tenders, tailored for contracted shipments on specific routes or capacity volumes. Quickly find available capacity, which aligns perfectly with your business.

Secure immediate transport capacity with Spot Tenders. Quickly find capacity for your urgent shipments and optimise your supply chain for unexpected transportation needs.

Expand your reach with Multi-Lane Upload. Upload multiple freight lanes at once and efficiently find carriers for various transport needs. From single lane to multilane, we've got you covered.

Gain better control over lane requests with Tender Analysis. Evaluate award scenarios, compare offers, and make data-driven decisions. Gain insights into allocated shipments, sellers, and costs for improved efficiency and savings.

Find new carriers and connect through high-quality profiles, ensuring secure and efficient transactions.

View service providers performance metrics and fleet data, via their comprehensive profiles.

Engage in negotiations not only based on price, but also based on capacity, or CO2 emissions, for improved decision-making.

Leverage additional data, such as distance calculation, emissions, market intelligence, and benchmarking information, for superior outcomes.

Enjoy a user-friendly interface with intuitive design and self-explanatory features, providing a streamlined process.

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FAQ

What is the difference between Freight Marketplace and a freight exchange platform?
Transporeon’s Freight Marketplace is a procurement platform that seamlessly connects shippers, LSPs and carriers. Unlike traditional freight exchange platforms, which primarily focus on spot market transactions, we specialise in tailored ‘mini-tenders’, or ‘mini-bids. These mini-bids streamline single-lane tenders for specific contractual periods and precise volume commitments. Furthermore, while other platforms predominantly cater to forwarders and carriers, Transporeon Freight Marketplace empowers shippers to post tenders directly. This unique feature enables carriers to bid directly on tenders, facilitating efficient business transactions.
How is Freight Marketplace different from other procurement tools?
Unlike other platforms favouring either buyers or sellers, Freight Marketplace is truly neutral. Sellers gain access to thousands of potential customers, while buyers can request quotes from a broad network, including both connected and non-connected carriers.
Which carriers are on Freight Marketplace?
Freight Marketplace offers a diverse carrier network, including small, medium and large asset-based carriers, non-asset-based carriers, and logistics service providers. The exact number of carriers is not publicly disclosed, but Transporeon's overall network exceeds 150,000. Shippers can access these carrier profiles for informed decision-making.
Which carriers see my tenders?
It's entirely up to you. You can choose to make tenders public to all carriers or invite specific groups, created in the ‘seller catalogue’. However, even when inviting specific groups, other carriers can still submit bids, but will only see limited information (excluding your company name and only with partial origin/destination postcodes).
Are carriers vetted?
Carriers are not vetted, but they can enhance their profiles with details like preferred lanes, equipment types and insurance documents, saving you time on due diligence.
Can I integrate my existing carriers and selectively use them or the broader network?
Yes, you can create carrier groups in the ‘seller catalogue’ and selectively invite them to bid. However, as mentioned earlier, even with limited groups, other carriers can submit blind bids. We can also help you invite existing carriers by providing a list with their details. Feel free to contact us at [email protected].
Is Freight Marketplace available for all modes of transport?
Currently, Freight Marketplace is limited to FTL road and intermodal transport. Future expansion to other modes is planned.
How much does Freight Marketplace cost?
Freight Marketplace is currently free for both shippers and carriers. In a few months, sellers will incur a low monthly subscription fee.
How is sustainability integrated?
Freight Marketplace provides emissions calculations for each tender, based on factors like distance, fuel type and vehicle emission standards. This allows shippers to consider both cost and environmental impact when selecting carriers.
What are multi-dimensional negotiations?
This feature allows you to request details like truck type (e.g., Euro 4, Euro 5, electric) alongside pricing from carriers. This helps you assess the environmental impact of each offer. Additionally, you can request capacity, transit time and transport mode for a more comprehensive decision- making process.
Can Freight Marketplace integrate with other solutions?
Yes, integration with other Transporeon products like Rate Management and Market Insights is planned for the future.
Is Transporeon responsible for carrier quality?
Transporeon is not responsible for carrier quality. However, carriers can complete detailed profiles, and Transporeon plans to further enhance profiles with information about their activities on the platform.
Can I make tenders visible only to specific carriers?
Yes, you can create carrier groups in the seller catalogue, based on various criteria like company size, location, and areas of specialisation, and invite them to your tenders.
What happens if I don't award a tender?
While awarding is preferred, there is no penalty for not doing so. Tenders are automatically cancelled after the contract start date, and all carriers receive notification that their offers were not rejected. However, a low awarding rate might discourage carriers from bidding competitively on your future tenders.
How can I process multi-lane tenders?
You can upload multi-lane tenders efficiently using a provided Excel template, allowing you to publish multiple lanes simultaneously.
Can I pre-qualify carriers for tenders?
Yes, by creating carrier groups in the seller catalogue, you can select carriers based on specific criteria like fleet size and truck types.
Can I exchange documents and messages via the platform?
This functionality is planned for the future and you will be notified when it becomes available.
How are tenders analysed?
In each tender, all offers are visible on a comparison page, allowing you to compare them in list or graph format. You can then choose to award, reject or send counter-offers to individual carriers.
What future features can I expect?
  • Multi-lane tender events to handle strategic tenders.
  • Market data from Transporeon's Market Insights tool will be included in the sourcing process.

PRODUCTS

More ways to understand the market

View more services that can help you leverage Rate Benchmark and improve your business.

Insights Hub

Market Insights

Market Insights
  • Monitor the contractually agreed rates between shippers, logistic service providers, and the spot market.
  • Use important "indirect" indicators to illustrate the capacity situation on any given lane or market.
  • Define the lanes and metrics that you want to monitor.
  • Get a clear overview of the biggest market changes and top movers.

Freight Sourcing Hub

Strategic Benchmarking

Strategic Benchmarking
  • Persistent freight cost savings with up to 8% with our state of art benchmarking approach.
  • Get the most comprehensive overview of all markets and for all modes.
  • Profit from insights into latest market developments & forecasts.
  • Get a deeper understanding of rate developments & costs drivers.
  • Receive regular information with market overviews, developments, cost drivers.

Insights Hub

Network Insights

Network Insights
  • Set standards that support your partners’ businesses.
  • Benchmark against the wider market.
  • Escape the hassle of setting up reports manually.
  • Get standardized and relevant insights.
  • Track your performance and optimize your operations.