Your guide to Market Insights
BRAND NEW: YOUR GUIDE TO MARKET INSIGHTS

Part 4:

Rate Benchmark

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Rate Benchmark compares contract rates on postal code level against the average market rate across the customer’s lanes. It does that by calculating market rates on a monthly basis, using Transporeon’s data and aggregating the transport information provided by the customer. The result is a benchmark of the customer’s rate against the market.

Video 1

How can I conduct successful contract negotiations?

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Video 2

How to compare the rates in my network against the market?

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PRODUCTS

Explore our digital freight solutions

Together our products work in harmony to increase transport efficiency along the full lifecycle of freight activities.

Insights Hub

Market Insights

Market Insights
  • Monitor the contractually agreed rates between shippers, logistic service providers, and the spot market.
  • Use important "indirect" indicators to illustrate the capacity situation on any given lane or market.
  • Define the lanes and metrics that you want to monitor.
  • Get a clear overview of the biggest market changes and top movers.
Benefits

Freight Sourcing Hub

Autonomous Procurement

Autonomous Procurement
  • Automates procurement using data and behavioural science.
  • Analyses how carriers make pricing decisions.
  • Achieves requested capacity at lower freight rates for road transports.
  • Fully automated process of predicting, framing offers, and concluding assignments.
  • Entirely carrier specific and automated process.
Benefits

Freight Audit & Payment Hub

Freight Audit

Freight Audit
  • Full visibility of process, data and carrier performance.
  • Logistics should no longer deal with invoicing.
  • Underbilling is reported.
  • Receives alerts about rejection/approval.
  • Cost allocation of freight audit costs are automated.
Benefits

Freight Sourcing Hub

Strategic Benchmarking

Strategic Benchmarking
  • Persistent freight cost savings with up to 8% with our state of art benchmarking approach.
  • Get the most comprehensive overview of all markets and for all modes.
  • Profit from insights into latest market developments & forecasts.
  • Get a deeper understanding of rate developments & costs drivers.
  • Receive regular information with market overviews, developments, cost drivers.
Benefits
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