New Truck-to-Load Ratio Analytics Tool from TransCore
TransCore Link Logistics is launching a new truck-to-load ratio operations planning tool designed to enable carriers and freight brokers to access real-time and historical data on total truck and load volumes, as well as ratios in specific areas.
Delivered as a cloud service, Posting Index can drill deep by geographic area, equipment type, and Truck-to-Load (TL) versus Less-than-Truck Load (LTL) shipments and trucks.
Built on its Loadlink freight matching system, this analytics tool captures 14 million loads and trucks posted annually on its network of over 5,000 carriers, private fleets, load brokers, freight forwarders and owner operators, which represents the largest freight matching service in Canada.
“The explosion of load volumes, changes in capacity demands, and currency fluctuations observed since the end of last year have dramatically impacted the buying and selling rates,” says Claudia Milicevic, senior director and general manager of TransCore Link Logistics.
The system is engineered to to take the guess work out of determining most profitable lanes, and the data is also critical in analyzing seasonal trends on capacity for forecasting.
More at: www.transcore.ca
Category: Fleet Diagnostics & Software, General Update, Management