GlossaryEN1 min readUpdated: Sep 6, 2026
Letter of Acceptance in Freight Tenders
In freight tender procedures, the tendering party (shipper, freight forwarder, or consignor) sends a Letter of Acceptance to the winning bidder after evaluating proposals.
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In freight tender procedures, the tendering party (shipper, freight forwarder, or consignor) sends a Letter of Acceptance to the winning bidder after evaluating proposals. This binding document confirms the bid's acceptance, specifies key contract terms such as freight rates, service levels, and contract duration, and formally establishes the transport agreement. It serves as evidence for both parties and is typically filed as an annex to the final transport contract.
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