BidSource FAQ
Practical answers for freight pricing teams
Clear answers about BidSource, freight rates, carrier agreements, and the pricing work behind daily logistics decisions.
BidSource basics
BidSource is a logistics pricing platform centered on unified rate management and strategy-driven allocation. It brings rates, accessorials, and carrier capabilities into one working system.
BidSource is intended for logistics teams responsible for buying, pricing, and allocating freight. That commonly includes procurement, pricing, and operations teams that need to work from the same rate information.
Freight pricing often ends up divided across inboxes, spreadsheets, and individual knowledge. BidSource is designed to give rate information and pricing decisions a clearer point of ownership.
Rate management and freight pricing
Freight rate management is the process of organizing carrier prices and the terms needed to use them. That includes lanes, equipment, effective dates, fuel, accessorials, service conditions, and relevant capacity details.
Keep the lane, equipment, service type, effective dates, fuel treatment, accessorial terms, and any conditions attached to the quote. A base rate without those details is difficult to compare and easy to misuse.
Contract rates usually fit recurring freight with planned carrier coverage. Spot rates are useful when capacity is unavailable, the lane is new, or the shipment falls outside the award. Compare capacity, service, fuel, accessorials, and total expected cost before choosing.
Start with the agreed charge, free time, billing method, and documentation requirements. Then compare those terms with appointment records, arrival and departure times, delivery notes, and the bill of lading before approving or disputing the invoice.
Compare like with like. The lane, equipment, service level, season, fuel treatment, accessorial exposure, and available capacity should match closely enough to support the comparison. A broad market number without that context is only a reference point.
Carrier procurement and agreements
Define the network scope, clean the lane and volume history, document facility requirements, and state how fuel and accessorials should be quoted. Decide how price, capacity, and service commitments will be evaluated before proposals arrive.
Use lane history, tender acceptance, service performance, and comparable pricing to prepare. Discuss total expected cost, capacity, operating requirements, payment terms, and concessions instead of treating linehaul as the whole agreement.
Allocation and getting started
BidSource pricing is based on network size, lane volume, and the scope of rate management and allocation needed, so there is no fixed self-serve price. Talk with the team to get a quote scoped to your freight operation.
Strategy-driven allocation means applying agreed pricing priorities when deciding how freight should be assigned. BidSource presents it as the connection between pricing strategy and execution; the exact workflow should be reviewed against the way your team operates.
Start with a call to walk through your current rate process and where BidSource fits. From there, the team can scope a rollout for your carrier network, lanes, and pricing workflows.
Be ready to explain how carrier rates arrive, who reviews them, where they are stored, and how operations selects an option. Current rate files, lane data, fuel and accessorial terms, and examples of recurring pricing problems can help make the conversation specific.