Transparency is a core value here at Cubic, and we know quotes for freight forwarding services can be quite overwhelming and hard to understand.
💡 This article will shed some light on the process that happens behind the scenes after you request a quote, and why does getting the quote usually take around a business day.
The Process
Cubic breaks down the process into 3 main parts:
Classification
As soon as your quote request is submitted, our system checks the information and determines which service type meets your requirements in the most cost effective way. In some cases, the system decides to have the quote request reviewed by our team to find the most fitting service type.
We have a wide network of carriers and freight forwarders from all over the world, and a ranking system of their quality for each service type.
Based on the quote request classification and ranking system, multiple partners are elected to participate in a bid for your quote request.
Bidding & Negotiation
Your quote request details are shared with our elected partners, and prices are negotiated to get you the best deal. The bid, together with our accumulated purchasing power, enables us to get great prices from top tier partners.
Simplification & Standardization
While diversifying your supply chain is extremely important, it comes with a great deal of work and pain. Freight forwarding is an extremely fragmented space, which makes comparing quotes and overseeing shipments extremely hard.
Cubic aims to help you diversify your supply chain dependencies, as behind the scenes all your shipments are operated by a variety of partners from our network, while still providing a simplified and standardized experience.
Our system takes the quotes we receive from our partners, and translates them into a standard. This way, all the quotes you receive from Cubic always look the same, regardless of the operating partners standing behind them.
Summary
Quoting freight forwarding is a complex process, which we are aiming to fully automate and optimize, to get you the most competitive quotes as fast as possible.
If you have any further questions, let us know in the chat!