New Canadian Truckload Rating Tool from TransCore

TransCore Link Logistics has released a full-featured truckload spot rate tool based on actual transactions between shippers, brokers, and carriers.

The Rate Index shows actual transactions on the high, low and average spot market rates paid on freight by the #Canadian trucking industry.

The offering is designed to provide insight on high, low and average spot market rates paid on freight by brokers and shippers to carriers. The company stresses that the rates posted “are accurate.”

Noted Claudia Milicevic, senior director and general manager of TransCore Link Logistics. “This enables carriers to respond, on demand, to market trends, providing a greater clairvoyance before quoting rates.”

This rating tool provides total pricing visibility to validate base rates across a wide range of other carrier rates in the system as far back as 15 months. Access additional functions to:

• Automatically view backhaul rates on searched routes
• Pinpoint truck-to-load ratio data that correlates rates on current and historical capacity trends
• Identify average rates within Canada and cross border at a glance
• Calculate the appropriate line haul rate to charge customers based on fuel surcharges and additional fees

Category: Fleet Diagnostics & Software, Fleet Tracking, General Update