After you enter your quotation criteria in FreightSmart, you may see both E-Spot and E-Quote options. This article explains how they work differently, so you can choose the rate type that best fits your shipment plan.
What you need to know
- E-Spot is an order-based rate. You create an order to reserve spaces first, then submit bookings from the reserved spaces.
- E-Quote is a rate-sheet-based quotation that applies within a date range (“rate validity”). You can submit bookings for the period without creating an order in advance.
- Secured E-Quote is an E-Quote with additional “secured” terms (for example, fixed freight rates and surcharges). Learn more about the benefits of booking with a Secured E-Quote.
Key differences between E-Spot and E-Quote rates
| Feature | E-Spot | E-Quote |
| Rate effective period | For a specific sailing | Based on a date range |
| Booking limit | Restricted to the order quantity | Unlimited within the validity (subject to availability and terms) |
| Rate and surcharges | Fixed when you create the order | May vary (such as due to tariff changes) |
| Space protection | Yes | No |
| Equipment priority | Yes | No |
| Cancellation fee | May apply if the order is cancellation more than 24 hours after it is created | No |
| Smart Combo bundle | Yes (if available) | No |
| Coupon and discount | Supported (if available) | Not yet supported |
Choose your preferred type of quotation
You may select a quotation type that best fits your needs to proceed with the booking. If you would like to learn more or confirm any conditions, please click Ask Fin to contact our customer service team.