Estimating whether or not your bid would be suitable for a particular shipment is more art than science. The basic idea is that you go as low as possible to improve your chances of winning the shipment... but not too low to make a profit, of course.
When making this call, you might want to consider the following questions:
- How much gas will the trip take, including pick-up and drop-off?
- How much does the shipment weigh? Larger items can require more fuel.
- Will you need extra time for loading or unloading? Will you need to hire an extra pair of hands?
- Will there be any additional charges, such as road tolls?
- The typical courier rate is between $.20 and $1.60 per mile — can you afford to go lower than that?
Drivers who are just starting out and have not yet received any customer feedback might need to bid pretty low to win their first few shipments. Once they start getting positive feedback, with customers describing them as dependable and professional, they'll be able to increase their bids gradually.
Another thing for a beginner to consider is folding in the background check fee for their first bid. By paying Checkr to process your information instantly, you can complete the security screening before delivering your first shipment. This is by no means a requirement, but it does improve your odds of gaining customer trust early on.
Finally, if you're finding it difficult to turn a profit with lowballing bids, our shipment stacking tool should help you out with that.
What to read next?
For more general-purpose advice, see the Transporters section of our Help Center.