Spot Market

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TNX has simple, cost-effective infrastructure for spot tendering. Cargo owners can use a curated list of carriers or include any carriers meeting quality or functional standards. We call this approach Curated Spot.

Each transport job is offered to a group of carriers. TNX communicates all decision-relevant information, including cargo details, service requirements, and a Match-Now Price.

Carriers can either accept the transport job at the Match-Now Price or offer a higher price. TNX automatically evaluates any higher bids against the cargo owners private reserve price, and every 30 minutes accepts the best bids below the reserve price.

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