Spot auctions are a simple way to understand the price of a lane from any carrier in your network. On the Get a Quote page, enter the locations and dates you want a quote for, select the truck type, and either use Convoy’s Instant Price or click Start spot bid request to set up a spot auction.
To start a spot auction with your network:
- Click Start spot bid request in the Get a quote tool.
- Select carriers to request a quote from. To add a new carrier, click add new carrier. To add carriers in bulk, click Add multiple carriers on the next screen.
- After selecting carriers, choose when you want the auction to close and add any additional notes to the carrier. Finally, start the spot auction by clicking Send spot bid request.
- After clicking Send spot bid request, each carrier will receive an email detailing the request and a link to the carrier bidding page.
- Carriers can enter their bid any time before the auction closes. Bid will appear instantly in the auction summary.
- Once bids are collected, you can either award the winner the bid or do nothing. For all auction results, go to the Quotes tab on the left-hand side of the screen.
- If you use the Convoy TMS, you can also award the winner and start booking a shipment with that carrier. Learn more here.
- Tendering and booking to winner.
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