What is Freight Procurement?

Freight Procurement manages full-cycle sourcing RFPs, mini-bids, and awards for contracted transportation. You benchmark lanes, model award scenarios (single vs. multi-award, incumbents, caps), and push the final matrix directly into planning. Compliance dashboards track acceptance, on-time, and cost drift; spot and reprice options close capacity gaps. Outcome: resilient coverage in peaks, fewer tender rejects, and provable savings from bid through execution.