What is Shipment Tender?

Shipment tender refers to issuing a tender or proposal by a shipper to potential suppliers to transport goods. Tendering is a common practice in logistics and involves issuing a formal request for proposal (RFP) to suppliers for a specific project or shipment.

This process allows shippers to compare offers from different suppliers and select the most suitable one based on cost, capacity, and reliability. The issuance of a tender is typically done by a government agency, company, or buyer seeking transportation services for their goods.