Method for online display and negotiation of cargo rates

Data processing: financial – business practice – management – or co – Automated electrical financial or business practice or... – Electronic shopping

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705 26, 705400, 705401, 705402, 705408, 705409, 705407, G06F 1730

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active

06064981&

ABSTRACT:
Freight forwarders and carriers post published rate and discount information for land, sea and air bearing cargo vessels to allow customers the opportunity to evaluate competitive prices, preferably in one consolidated location (e.g., a web site). A customer navigates to the site to obtain published or discounted rate information offered by a freight forwarder or carrier. The customer may accept a posted rate, in which case the site operator notifies the freight forwarder or carrier. Alternatively, customers, freight forwarders and carriers may negotiate rates for particular lanes of interest using an online interactive auction block.

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