A freight exchange is an online platform where shippers and forwarders post loads and carriers post free capacity. Its main use is avoiding empty runs and finding orders at short notice.
Examples in Europe: TIMOCOM, Trans.eu and other platforms.
The risk: many offers on freight exchanges come under time pressure. Without quick costing, carriers accept loads that do not cover their costs.
Before accepting: calculate the route in Logist Calculator and compare the offered rate with your cost per kilometre.