FreightMath + BidRight

Interactive Primer & Demo

Chris Henry  ·  President  ·  KSM Transport Advisors

Tyler Dietrich  ·  President  ·  Nussbaum Technology

Shippers have better data than you do — and they’re using it against you every single bid cycle.

Their procurement platforms are built to squeeze carriers. They know which carriers are desperate for volume, which lanes are underpriced, and exactly how far to push before you walk away. Every RFP is designed to extract your margin.

The only way to beat them at their own game is to close the data gap — with true activity-based costing that exposes real load-level profitability, and precision pricing tools that turn that knowledge into bids that protect your margins instead of giving them away.

107.6
Van OTR
2025 Avg. Operating Ratio
109.8
Reefer OTR
2025 Avg. Operating Ratio
107.2
Flatbed OTR
2025 Avg. Operating Ratio

OTR network performance only — excludes Dedicated operations

Time to Recapture Your Profit

It Starts With Credible Data

Allocating costs and measuring true profitability in a truckload network is a complex exercise. Carriers must start with credible data and practical logic — but most TMS data looks like the left column. Watch FreightMath clean it.

Your TMS Data
FreightMath Cleaned
Load #4892 — OKC → MEM
Pickup: 03/15 02:00 AM
Delivery: 03/15 01:30 AM
Delivery BEFORE pickup — negative transit time
Corrected with FreightMath Continuity Logic
Pickup: 03/15 06:12 AM
Delivery: 03/15 02:47 PM
8.6 hrs transit • 462 mi • accurate cost allocation
Truck #287 — 03/12 to 03/14
Seg 1: DAL → OKC (loaded)
Seg 2: ??? — 22 hrs unaccounted
Seg 3: OKC → MEM (loaded)
Missing segment — where was the truck for 22 hours?
Gap reconstructed
Seg 1: DAL → OKC (loaded)
Seg 2: OKC yard dwell — 14 hrs
Seg 3: OKC → shipper — 38 mi DH
Seg 4: OKC → MEM (loaded)
Every hour & mile accounted for
Load #5201 — ATL → JAX
Truck: #104, #287, #104
Driver: Martinez, —, Johnson
Two trucks on one load — TMS re-assignment artifacts
Resolved to actual asset
Truck: #104 (confirmed)
Driver: Martinez (full trip)
Single asset • accurate driver cost • clean linehaul
Truck #104 — 03/18
Empty mi: 347 miles deadhead
Origin: MEM → DAL (no load)
Phantom deadhead — truck was actually loaded (wrong status code)
Matched to load #5318
Status: Loaded (revenue move)
Revenue: $812.40 recovered
347 “empty” miles reclassified • OR drops 2.1 pts

Click each row to clean the data — 0 of 4 resolved

Learn More About FreightMath Data Specs

From GL Data to Load-Level Profitability

Every carrier’s General Ledger is unique. FreightMath maps it to a common standard, then distributes costs to every load.

Acct 5100 — Fuel Expense Acct 6200 — Driver Settlements Acct 6500 — Insurance Premiums Acct 5400 — Repairs & Maint Acct 5300 — Tolls & Permits Acct 7100 — Admin & Overhead Acct 6300 — Benefits & Tax Acct 5200 — Depreciation
FreightMath Standard Chart of Accounts
Driver Compensation
Fuel
Equipment Expense
Maintenance
Insurance
Direct Onroad Expense
Overhead
Admin
Distribute to Loads

Variable Costs

Loaded 65% · Empty 35%

Proportional share of empty & loaded miles

Overhead

Loads · Empty · Dwell

Distributed by loads, empty & dwell hours

Pre-Standard

Driver Settlements
Direct Charges
Equipment Costs

Specific costs allocated directly to each load

Toll Costs

Near-Time Validated

Direct & accurate toll costs, validated in near-time

Trailer Pool

Dedicated trailer pool costing model

Load 1
Load 2
Load 3
Load 4
Load 5
Load 6
Load n

How FreightMath OR Is Calculated

Loaded Empty Inbound Outbound Empty Repo
Interactive Cost Model
802
160
20
1.3
1.3
Revenue$2.77/mi$2,222
Variable$1.67/mi−$1,607
Fixed$28.86/hr × 22.6h−$652
Total Cost$2,184
Cost / Mile$2.27
Core OR98.3
Core OR 95.0 One-way Profitability
Inbound OR 98.2 Cost to Enter Origin
Outbound OR 92.5 Value of Exiting Dest
FreightMath OR 94.8 Total Network Contribution

The FreightMath Dashboard

Let's Jump In

Carrier Tested — Carrier Approved

From Intelligence to Action

FreightMath gives you the “what” — the next frontier is “how.”

FreightMath

Data & Intelligence

BidRight

Strategy & Execution

The complete bid lifecycle — powered by data.

BidRight

Built by carriers, for carriers.

What began as an internal tool called SalesScope at Nussbaum Transportation is now BidRight — purpose-built to revolutionize carrier bidding with automation, pricing intelligence, and collaboration.

CCJ Innovator of the Year 2025 5% Above Market — 10 Consecutive Quarters

From SalesScope to BidRight

Born inside a real carrier operation. Proven over 10 consecutive quarters. Now available to the industry.

SalesScope

Internal Tool

Built inside Nussbaum Transportation to automate their own bid process & pricing

10 Quarters

Proven Results

5% above market rates for 10 consecutive quarters. Industry-leading miles per truck.

2025

CCJ Innovator

CCJ crowns Nussbaum “Innovator of the Year” for the software now known as BidRight

Now

BidRight + FM

Productized for the industry — powered by FreightMath intelligence

Real Results

Here’s what Nussbaum Transportation achieved by using the technology that is now BidRight:

20x
Faster general bidding
Nussbaum Transportation saw 20× faster bid generation versus traditional processes.
5%
Higher rates than the market (10 consecutive quarters)
Average contract rates exceed market trends by 5% through optimized data.
15x
Faster team review process
BidRight simplifies review workflows, accelerating insights and action.
Industry-leading miles/truck
Optimized routes and consistent schedules. Fleets achieve benchmark-level efficiency across their active network.
Driver satisfaction
Fleets achieve benchmark-level efficiency across their active network.

Security of YOUR Data

Your data is completely isolated. No one, without explicit permission, can access it.

3rd Party Review
Nussbaum
Transportation
No Access
Chinese Wall
M365 Separation No Data Access NTech NDA
No Sharing
Nussbaum Tech
Employees
No Sharing
Company A Data
Isolated
Company B Data
Isolated
Audit Log
09:34 9/25 — Co. A — Login
11:34 9/26 — Co. B — Login
Auth + Logged
Auth + Logged
Authorized User
Company A
Authorized User
Company B
FreightMath
Intelligence
Explicit permission granted by shared FreightMath/BidRight users to share this data

Manual, Slow, Error-Prone

Most carriers still manage bids in spreadsheets — slow, error-prone, and disconnected from real market data.

Before BidRight

Messy spreadsheet bid process
  • Every shipper uses a different platform — Jaggaer, Keelvar, Transporeon, Emerge, Transplace, JDA, Iceberg and more — each with its own format and quirks
  • Hours spent fixing spreadsheets
  • Prone to errors — no validation or guardrails
  • Unclear who's doing what and when
  • Unclear pricing strategy — gut feel over data
  • Manual assembly of market reports
  • Slow bid cycles — shippers won't wait

After BidRight

BidRight workflow interface
  • Handles all common bidding file formats — including templates from Jaggaer, Keelvar, Transporeon, Emerge, Transplace, JDA, Iceberg and more!
  • Import and standardize RFPs in seconds
  • Automation with precision and accuracy
  • Clear assignments and status indicators
  • Defined strategic pricing variables for teams
  • Integrated market data in your workflow
  • Process hundreds to thousands of lanes daily

BidRight + FreightMath

BidRight automates manual steps and brings clarity to pricing, profitability, and performance — all in one place.

01

Bid Management

Bulk-import RFPs into a standardized format. Organize & track in one platform.

02

Workflow Collaboration

Review progress, assignments, and comments. Flag issues for upcoming meetings.

03

Pricing Intelligence

Analyze market data, past decisions, and FreightMath profitability trends — all within your workflow.

04

Strategy & Alignment

Utilize the combination of FreightMath & BidRight to continuously monitor the health of your network and commitments, and adjust strategy and pricing.

Initiating a New Bid

No Mess, No Stress

Importing a Raw Bid File

Standardizing the Process…With a Few Clicks.

Let's Jump In

Inside BidRight

Explore each capability — every one powered by FreightMath intelligence.

Structured RFP Intake

Bulk-import RFPs instantly into a standardized format. Organize and track bid projects in one centralized platform.

Lane Scoring

Each lane receives a composite score based on network fit, margin potential, and volume history. Prioritize effort where it matters most.

Team Collaboration

Review progress, assignments, and comments from team members. Flag important issues for upcoming meetings. Everyone stays aligned.

Clear Assignments

Built-in status indicators and task ownership. No more asking “who’s doing what?” — clear accountability across the team.

Market Data Integration

Analyze market data, past decisions, profitability trends, and key strategic variables — all within your bidding workflow.

FM Cost Overlay

Your fully-loaded cost model from FreightMath is automatically applied to every lane — true floor price and target margin before you bid.

Win/Loss Analysis

Evaluate awarded lanes and quickly identify unprofitable freight. Every outcome feeds back into the system to improve future bids.

Pattern Recognition

Deep-dive analysis reveals why you win, why you lose, and how to adjust. Continuous improvement built into the platform.

Continuous Improvement

Every bid outcome feeds back into the system. This is how Nussbaum stayed 5% above market for 10 quarters.

BidRight
Flywheel
Import
Bulk-import & score RFP lanes
Price
FM-powered pricing intelligence
Award
Evaluate wins & flag unprofitable freight
Refine
Improve models with every outcome

BidRight Roadmap

Actively building in the open. Real progress, real timelines.

Phase 1: Foundation

Completed
  • Architecture & Automation
  • Database & Navigation
  • Customer Login & Teams

Phase 2: Bid Setup

Completed
  • Creating & Importing Bids
  • Task Management
  • Customer Details

Phase 3: Bid Workflow

In Progress
  • Workflow & Bid Detail Pages
  • Export & Bid Import
  • Feedback & Awards Control

Phase 4: Follow Up

Design Phase
  • Dashboard & Awards
  • Payment Processing
  • Rate & Commit Review
Security First — Security Always • Division management • Audit logging • Your privacy is our top priority

Breakthrough Fuel — Threat or Managed Input?

~35% of RFPs now mandate Breakthrough Fuel Recovery. Carriers who treat FSC as a black box lose margin. FreightMath + BidRight turn it into a controlled variable.

The Carrier Risk
  • Rate compression — FSC isolated, procurement pressure shifts entirely to linehaul
  • MPG squeeze — Moving benchmarks from 6.0 to 6.5 MPG cuts reimbursed gallons ~8% per load
  • Uncompensated costs — Deadhead, detention & idling never reimbursed under Fuel Recovery
  • Black-box pricing — Proprietary algorithms carriers cannot independently verify
How FM + BidRight Protect You
  • Cost-plus linehaul — FM calculates total required price (LH + FSC), then subtracts shipper-specific FSC to set your true floor
  • Uncompensated fuel recovery — Deadhead MPG, idle burn & detention costs built into every lane price
  • Volatility premium — FSC shortfall vs. historical DOE pricing automatically factored in
  • BidRight enforcement — Pre-RFP due diligence checklist, protective contract language & audit-ready documentation
~35% of RFPs mandate Breakthrough
~$0.18/gal less than traditional FSC methods
100% of fuel costs accounted in FM model

Ready to BidRight?

Chris Henry  ·  KSM Transport Advisors  ·  Tyler Dietrich  ·  Nussbaum Technology

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