A bid is a freight quotation submitted by a carrier for performing the transport services described in an auction.All bids are private agreements between the shipper and carrier;CargoBid is only a facilitator
for this process.Any payments
for transport services are to be handled privately,
outside of the CargoBid platform.Because these are private agreements,
CargoBid does not arbitrate,
is not responsible for, and makes no guarantees on behalf of, the shipper or carrier.
If they wish, shippers and carriers can also use the platform 's escrow payment service to transfer payments between them.