Tenders are an integral part of shipping and freight for the carrier, BCOs and OTI (freight forwarder or NVOCC)..
I headlined this article as “the art of handling a freight tender” because majority of the tenders are quite complicated and capable of pushing people over the edge due to its complexity with its tight deadlines and the nearly impossible task of compacting the costs..
People in our industry who have handled some complicated global freight tenders such as the ones floated by global companies will understand what I am talking about..
So how does the whole thing work and how does a tender influence or impact on a carrier and/or freight forwarder and their business.. Is it really an art..??