Transcore Link Lo­gis­tics Launches Ratein­dex Multi-lanes to Help Truck­ing Com­pa­nies Sim­plify the Quot­ing Process

Road Today - - Industry News -

Transcore Link Lo­gis­tics has an­nounced the re­lease of Rate In­dex Multi- Lanes, an ap­pli­ca­tion de­signed to ease the process re­triev­ing truck­load spot rates from mul­ti­ple lanes.

“We launched Multi- Lanes to sim­plify the time- con­sum­ing pro­cesses truck­ing com­pa­nies and freight bro­kers must cur­rently un­dergo to pro­vide their cus­tomers with rate quotes on mul­ti­ple lanes,” says Clau­dia Mil­ice­vic, se­nior di­rec­tor & gen­eral man­ager at Transcore Link Lo­gis­tics.

The process is fast and easy. Users can drop their re­quests into a spread­sheet that is de­liv­ered through se­cure com­mu­ni­ca­tions to pro­duce key data, such as:

• Vari­able truck­load rates for pre­vi­ous 90 and 365 days to com­pare user in­dus­try knowl­edge with real- time and his­tor­i­cal fluc­tu­a­tions, as well as num­ber of con­trib­u­tors on each lane, • City- to- city and mar­ket- to

mar­ket per mile high, av­er­age and low rates to bet­ter rate an­a­lyt­ics, and • Truck- to- load ra­tio for the pre­vi­ous 7 and 30 days to mon­i­tor and iden­tify more re­cent ca­pac­ity vari­ances. Multi- Lanes was de­signed to speed up the re­quest for quo­ta­tion process by pro­vid­ing com­pa­nies a sin­gle plat­form to an­a­lyze and com­pare truck­load rates across mul­ti­ple lanes.

Truck­load spot rates in spe­cific ar­eas can be ac­cessed from Transcore’s truck­load rat­ing tool, and real- time and his­tor­i­cal data on to­tal truck and load vol­umes, as well as ra­tios in spe­cific ar­eas can be ac­cessed from Transcore’s Post­ing In­dex.

Transcore’s Cana­dian Freight In­dex ac­cu­rately mea­sures trends in the truck­load freight spot mar­ket. The com­po­nents of the Freight In­dex are com­prised from roughly 5,500 of Canada’s truck­ing com­pa­nies and freight bro­kers; this data in­cludes all do­mes­tic, cross- bor­der and in­ter­state data sub­mit­ted by Load­link cus­tomers.

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