Method, apparatus and program for pricing, transferring, buying, selling and exercising of freight cargo options on the World Wide Web
Number of patents in Portfolio can not be more than 2000
United States of America Patent
Stats
-
Jan 24, 2006
Grant Date -
N/A
app pub date -
Aug 18, 1999
filing date -
Aug 18, 1999
priority date (Note) -
Expired
status (Latency Note)
Importance
Abstract
An apparatus, method and program for determining the price of an option to pay for or sell cargo freight facility on the Internet and for facilitating the sale and exercise of those options including the underlying contract which is made transferable. By purchasing an option, a customer can lock in a specified freight cost without tying up his money and without risking the higher cost fee if there is a rise later. Pricing of these options may be based on several criterion including, date of departure, type of cargo and so on. By selling such option, the carriers will have extra cash flow and reliability.
First Claim
Family
International Classification(s)
Cited Art Landscape
Patent Citation Ranking
Advertisement
Advertisement
Advertisement
Recipient Email Address
Recipient Email Address
Comment
Recipient Email Address
Add to Portfolio(s)
To add this patent to one, or more, of your portfolios, simply click the add button.
This Patent is in these Portfolios:
Add to additional portfolios:
Last Refreshed On:
Changes done successfully