A commercial tender published by a shipper or freight forwarder inviting qualified carriers to submit price bids.
A Request for Quotation (RFQ) is a structured procurement document published by freight buyers detailing load specifications, origin/destination coordinates, required vehicle equipment (e.g. mega-trailer, reefer), pickup time windows, and target price.
Core commercial transaction vehicle in the marketplace. Supports spot orders, sealed competitive bidding auctions, automated carrier matching, and instant escrow locking.
RFQ schema codifies origin/destination GeoJSON coordinates, cargo mass, volume, temperature setpoints, ADR hazard classifications, and SLA parameters.
Publishing an RFQ invites offers; it does not constitute a binding transport contract until a carrier's quotation is accepted and escrow funded.