Claims:1. A process for an optimized management of the transport loads comprising a following steps;
a) Placing and/or accepting the enquiry;
b) placing and/or accepting the bid;
c) reverse bidding;
d) exchanging contract and job details;
e) completing the job and payment;
wherein, the reverse bidding occurs when the price of a consignment to be transported decreases over time and a transporter bids to view a decreasing current price of a shipment before acceptance of the bid from a shipper.

2. The process for an optimized management of the transport loads as claimed in claim 1 wherein the transporter is able to rebid as much time as he wants before the acceptance of the bid from the shipper.

3. The process for an optimized management of the transport loads as claimed in claim 1 wherein the exchanging of contract and job description includes but not limited to performance requirement, time duration, payment modes etc,. , Description:Field of Invention

The present invention optimises transportation of cargo from one location to another. It uses a “reverse bidding” mechanism where a potential Transporter/s can bid and rebid on a current price (quoted by other Transporters) to move cargo and get chance to win the contract.

Background of the invention
Transporting cargo one place to another is a basic necessity, whether that’s for commerce or personal use. In todays’ era, there are multiple ways to transport cargo across the globe, with an array of service providers; however, it is still a tedious job because of the industry which is highly unorganised, unreliable and lacks transparency.
To overcome such difficulties, there is an instant need of a system that can be a onetime solution over these problems.

Object of the Invention
It is an object of the present invention to provide a process for an optimized management of transport loads.
It is another object of the invention to provide reverse bidding system that allows potential service provider to rebid on their price to get the chance to win the contact & business.
It is a further object of the invention to provide a process, which is easy to carry out and hassle free.
It is yet another object of the present invention to provide a one time solution for transport of loads.

Summary of the Invention
The present invention discloses an efficient real time process for managing the transportation of cargo by providing a platform for transporters and shippers to search and perform the task smoothly. The present invention specifically allows reverse bidding where over the time price of the bid lowers over the time. The process enables transporters a platform to bid and rebid (reverse bid) as many time as they want for a job before the acceptance of the bid from the Shipper. The present invention process specifically provides a one-step solution in a transport industry.

Detailed Description of the Invention
The particular values and configurations discussed in these non-limiting examples can be varied and are cited merely to illustrate at least one embodiment and are not intended to limit the scope thereof. The embodiments will now be described more fully hereinafter with reference to the accompanying drawings, in which illustrative embodiments of the invention are shown. The embodiments disclosed herein can be embodied in many different forms and should not be construed as limited to the embodiments set forth herein; rather, these embodiments are provided so that this disclosure will be thorough and complete and will fully convey the scope of the invention to those skilled in the art. Like numbers refer to like elements throughout. As used herein, the term "and/or" includes any and all combinations of one or more of the associated listed items.
The terminology used herein is for the purpose of describing particular embodiments only and is not intended to be limiting of the invention. As used herein, the singular forms "a", "an" and "the" are intended to include the plural forms as well, unless the context clearly indicates otherwise. It will be further understood that the terms "comprises" and/ or "comprising," when used in this specification, specify the presence of stated features, integers, steps, operations, elements, and/or components, but do not preclude the presence or addition of one or more other features, integers, steps, operations, elements, components, and/or groups thereof.
Unless otherwise defined, all terms (including technical and scientific terms) used herein have the same meaning as commonly understood by one of ordinary skill in the art to which this invention belongs. It will be further understood that terms, such as those defined in commonly used dictionaries, should be interpreted as having a meaning that is consistent with their meaning in the context of the relevant art and will not be interpreted in an idealized or overly formal sense unless expressly so defined herein.
As will be appreciated by one skilled in the art, one or more of the disclosed embodiments can be embodied as a method, system, or computer program usable medium or computer program product. Accordingly, the disclosed embodiments can in some instances take the form of an entire hardware embodiment, an entire software embodiment or an embodiment combining software and hardware aspects all generally referred to herein as a "module". Furthermore, the disclosed embodiments may take the form of a computer usable medium, computer program product, a computer readable tangible storage device storing computer program code, the computer program code comprising program instructions executable by the processor on a computer-usable storage medium having computer-usable program code embodied in the medium. Any suitable computer readable medium may be utilized including hard disks, USB Flash Drives, DVDs, CD-ROMs, optical storage devices, magnetic storage devices, etc. Computer program code for carrying out operations of the present invention may be written in an object oriented programming language (e.g., Java, C++, etc.). The computer program code, however, for carrying out operations of the present invention may also be written in conventional procedural programming languages such as the "C" programming language or in a programming environment such as, for Example, Visual Basic.
The disclosed embodiments are described in part below with reference to flowchart illustrations and/or block diagrams of methods, systems, computer program products, and data structures according to embodiments of the invention. It will be understood that each block of the illustrations, and combinations of blocks, can be implemented by computer program instructions. These computer program instructions may be provided to a processor of a general purpose computer, special purpose computer, or other programmable data processing apparatus to produce a machine, such that the instructions, which execute via the processor of the computer or other programmable data processing apparatus, create means for implementing the functions/acts specified in the block or blocks.
These computer program instructions may also be stored in a computer-readable memory that can direct a computer or other programmable data processing apparatus to function in a particular manner, such that the instructions stored in the computer-readable memory produce an article of manufacture including instruction means which implement the function/act specified in the block or blocks.
The computer program instructions may also be loaded onto a computer or other programmable data processing apparatus to cause a series of operational steps to be performed on the computer or other programmable apparatus to produce a computer implemented process such that the instructions which execute on the computer or other programmable apparatus provide steps for implementing the functions/ acts specified in the block or blocks.

The present invention discloses a process for finding & managing suitable service provider to transport cargo by providing a platform where Shippers (Someone looking to send cargo from one place to another) and Transporter (Someone looking to take cargo from one place to another). This process provides a portal where the Shippers can put their requirements and interested Transporters bid for the job as described by the Shipper.

The present invention particularly provides a real time process wherein a potential transporter can rebid to take part in the bidding process again. A reverse bidding occurs when the price of a consignment to be transported decreases over time. A reverse bidding happens because the prices quoted by a Transporter is visible to other Transporters on the platform, and these other Transporters can quote (bid) and requote (rebid, essentially changing and reducing their original bid) in order to win the job. The current bid price to haul the cargo is open view for other potential transporters. The potential Shipper has the option to accept any bids from the transporter on basis of parameters such as Bid Price, Ratings and Reviews of Transporter, Transit Time, etc. The Transporter can change the bid as many times as they want before the acceptance of the bid from the Shipper.

In order to use the system (portal), user (both Shipper and Transporters) needs to register.
The invention process include two-way real time process. The explanation of the process is as follows.
Shipper Performance

Placing an Enquiry
An enquiry is placed by the shipper. For placing the enquiry the shipper needs to provide information about the shipment, such as type of shipment, transport details etc. After filling the required data, an enquiry is placed. Once the enquiry is placed a shipper may check the status of the enquiry.

Receiving the Bids
Once the enquiry is placed the Transporter gets the notification for an enquiry and transporter can place a bid for the enquiry. Shipper may receive multiple bids from Transporters and even different bids (rebids) from the same Transporter.

Accepting the Bid
Shipper is independent to select any bid on basis of multiple parameters as described above.

Exchange of Contract and Job Description
Once the bid is accepted by the Shipper, Contact details and a Job Document is shared between the Shipper and the selected Transporter.
Transporter performance

Search for the loads
Transporter are automatically notified of the relevant job on the basis of details provided at the time of registration, or can search from jobs available on the portal using multiple and various filters to perform the search. The Transporter, if want can bookmark the search.
Placing a bid and reverse bidding
The Transporter can then bid for the Job and can also change the bid price in order to be more competitive than the other Transporters

Accepting the Bid
Shipper is independent to accept the bid as per their requirement.

Exchange of Contract and Job Description
Once the bid is accepted by the Shipper, Contact details and a Job Document is shared between the Shipper and the selected Transporter.

A reverse bidding happens because the prices quoted by a Transporter is visible to other Transporters on the platform, and these other Transporters can quote (bid) and requote (rebid, essentially changing and reducing their original bid) in order to win the job.
The exchange of contract and job description includes performance requirement, time duration, payment modes etc. Once the job gets performed shippers pays the transporter as per the mutual terms and rating is given to both for future reference.
Example:

It may seem that the invention herein disclosed covers a great many disciplines including structure, communications, computing, etc. all of which are not described in complete detail as the disclosure being made is for an entire process and each area of the entire process is within the ability of those skilled in the art. Further, as the process develops into a practical reality more effort will be expended and it is anticipated that the invention will include those developmental details.

Specific elements of any of the foregoing embodiments can be combined or substituted for elements in other embodiments. Furthermore, while advantages associated with certain embodiments of the disclosure have been described in the context of these embodiments, other embodiments may also exhibit such advantages, and not all embodiments need necessarily exhibit such advantages to fall within the scope of the disclosure. Accordingly, the disclosure is not limited, and also more clear with appended claims.