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About freight exchange system

CargoAuction.EU is an online freight exchange and transport system where middlemen are not allowed. Here cargo shippers and contractors offer their loads for cranes, trucking, haulage, aircraft, and shipping companies, whilst transport, haulage, aircraft, shipping companies find truck loads, marine, aircraft, rail shipments and crane contracts. Both parties settle upon realistic and flexible market freight rates.

CargoAuction.EU offers shippers and carriers a platform for the full loads for standard trucks, semitrailers, containers, wagons, aircraft, vessels, and cranes, as well as a less than full loads, semi loads, oversized loads and loads for specialized industry vehicles. There is a possibility to create a list of trusted partners who are automatically informed about any newly listed auction via email or an online messaging platform.

Cargo Auction

Cargo auction is a lowest freight or reverse auction for transportation of any kinds of commercial goods by any means of transport. Under that type of auction, the roles of buyer and seller reverse. In a reverse auction, the carriers, haulage companies, shipping companies, aircraft companies, and crane service companies compete to obtain business from the shipper or a contractor and prices will typically decrease as the carriers undercut each other whilst still meeting all of the specifications of the original contract.

truck

Road freight auction

Road freight auction is the highest bid auction based on a price per kilometer ratio. Truckers and carriers must specify the starting location of the available vehicle and its approximate or exact destination point. In order to participate in the transport auction, shipper must first place one’s cargo into the system. Instead of biding on the available transport, shipper attaches his/her offer to one or more than one desired transport auctions. In order to overbid their opponents, shippers increase their starting rate in the already running cargo auction (in case if, cargo auction remains unattended). As a result, the carrier does not only see the lowest offered freight rate per kilometer but also sees the offered route with exact postcodes and cargo details. Although offer with the highest freight rate always wins, the carriers can choose among all the offers with regard to their geographic, and cargo preferences.

ship

Sea freight auction

Sea freight auction is the highest bid auction. Shipping companies must specify the starting location of the vessel or the container and its approximate or exact destination point. In order to participate in the transport auction, shipper must first place one’s cargo into the system. Instead of biding on the available transport, shipper attaches his/her offer to one or more than one desired transport auctions. In order to overbid their opponents, shippers increase their starting rate in the already running cargo auction (in case if, cargo auction remains unattended). As a result, the shipping company does not only see the offered freight rate to a given destination but also sees the offered route with exact postcodes and cargo details. Although offer with the highest freight rate always wins, the carriers can choose among all the offers with regard to their geographic, and cargo preferences.

plane

Airfreight auction

Airfreight auction is the highest bid auction. Airline companies must specify the starting location of the aircraft and its approximate or exact destination point. In order to participate in the transport auction, shipper must first place one’s cargo into the system. Instead of biding on the available transport, shipper attaches his/her offer to one or more than one desired transport auctions. In order to overbid their opponents, shippers increase their starting rate in the already running cargo auction (in case if, cargo auction remains unattended). As a result, the airline company does not only see the offered freight rate to a given destination but also sees the offered route with exact postcodes and cargo details. Although offer with the highest freight rate always wins, the carriers can choose among all the offers with regard to their geographic, and cargo preferences.

train

Rail freight auction

Rail freight auction is the highest bid auction. Rail haulage companies must specify the starting location of the wagon and its approximate or exact destination point. In order to participate in the transport auction, shipper must first place one’s cargo into the system. Instead of biding on the available transport, shipper attaches his/her offer to one or more than one desired transport auctions. In order to overbid their opponents, shippers increase their starting rate in the already running cargo auction (in case if, cargo auction remains unattended). As a result, the rail haulage company does not only see the offered freight rate to a given destination but also sees the offered route with exact postcodes and cargo details. Although offer with the highest freight rate always wins, the carriers can choose among all the offers with regard to their geographic, and cargo preferences.

crane

Crane hire auction

Crane hire auction is the highest bid auction. Crane service companies must specify the starting location of the crane and its approximate or exact transportation rage. In order to participate in the crane hire auction, contractor must first place payload’s specifics into the system. Instead of biding on the available crane service, the contractor attaches his/her offer to one or more than one desired crane service auctions. In order to overbid their opponents, contractors increase their starting rate in the already running cargo auction (in case if, cargo auction remains unattended). As a result, the rail haulage company does not only see the offered contract price but also sees the offered work site with exact postcodes and cargo details. Although offer with the highest crane hire rate always wins, the crane service companies can choose among all the offers with regard to their geographic, and cargo preferences.

System Features

Zero middleman tolerance

Zero middleman tolerance. Each user surpasses strict acceptance procedures. Our trained personnel validate documents. We also use NO- THIRD-WARNING policy to prevent middleman involvement in the auctions. Only cargo senders, receivers, buyers or sellers whose contacts are present on the cargo documents may be registered as shippers at CargoAuction.EU. Shippers are not allowed to list available means of transport, as well as not permitted to list loads of other shippers. Carriers and truckers can only be registered if they own commercial means of transport or are hiring such on the regular basis.

Lowest freight or reverse auction

Lowest freight or reverse auction for transportation of any kinds of commercial goods by any means of transport. Under that type of auction, the roles of buyer and seller reverse. In a reverse auction, the carriers, haulage companies, shipping companies, aircraft companies, and crane service companies compete to obtain business from the shipper or a contractor and prices will typically decrease as the carriers undercut each other whilst still meeting all of the specifications of the original contract.

Highest freight auction

Highest freight auction. Carriers must specify the starting location of the transport equipment and its approximate or exact destination point. In order to participate in the transport auction, shipper must first place one’s cargo into the system. Instead of biding on the available transport equipment, shipper attaches his/her offer to one, or more than one, desired transport auctions. In order to overbid their opponents, shippers increase their starting rate in the already running cargo auction. (In case if, cargo auction remains unattended.) As a result, the carrier does not only see the offered freight rate but also sees the offered route with exact postcodes and cargo details. Offer with the highest freight rate always wins, however carriers can choose among all the offers with regard to his geographic, and cargo preferences.

Messaging platform

Messaging platform. CargoAuction.EU offers the direct contacts of, and live communication between shippers and carriers. Users can send invitations to attend their auctions via emails to their trusted partners even if partners are not using CargoAuction.EU yet.

Database import

Database import. Convert your offers into MS EXCEL .CSV file and import up to 100 offers at a time. There is a possibility to e-mail offers to CargoAuction.EU administrator in any format and we will import them into the system for you. Import partner’s emails into the system and Create different target groups in your partner’s database.

Contact us

info@cargoauction.eu

+44 20 35193516

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