OTM models carrier contracting in two layers: a Rate Offering (the contract — who, what transport mode, what service level) and Rate Records (the lanes — source, destination, and cost). Bulk Plan uses Rate Offerings and Rate Records to select a carrier and calculate freight cost for each shipment leg.
Service Provider:
A Service Provider (carrier) must exist in OTM before a Rate Offering can be created. Each carrier requires a SCAC code — the four-letter industry identifier that uniquely distinguishes them.