Your guide to Market Insights
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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Great strategy starts with data-based decisions. Market Insights provides real-time information on market and lane conditions, using the most powerful data on price and capacity development in the European FTL market. Boost your strategy and add Market Insight to your portfolio now.

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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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