Based on industry research conducted on 100 companies employing tech-driven reverse auction and spot bidding through a logistics bidding platform, it was discovered that utilizing freight bidding software in transportation planning can reduce direct freight costs by up to 30% over time. By using technology in reverse auctioning and spot bidding, significant savings in freight and logistics can be realized. Fretron’s freight sourcing through reverse freight auction and spot bidding software empowers your team with the ability to control such variable costs, making it an essential component of modern bid transport strategies. The integration of freight bidding platforms allows your team to efficiently bid on freight loads, bid on shipping loads, and manage bidding on freight loads, providing a comprehensive solution for freight logistics management.