Manage Costs with Accurate Freight Rate Management
Freight Rate Management That Drives Budget Decisions
Support Multiple Customers, Currencies with Simplified Freight Rate Management
The dynamic rate management engine in the MercuryGate TMS is a comprehensive solution that eases the complexity of managing rates for multiple customers and provides support for more than 52 currencies. With analytic insights and real-time rate comparisons, our rating engine creates an efficient way to price freight without tedious, manual calculations.
- Efficient contract management
- Intelligent time and location logic
- Flexible, profile-based rating
- Specific, detailed rating references
- Smart, dimension-based rating options
- Unique item-based rating
- Customized rating without custom code
Use Dynamic Rate Manager to Protect Profitability
- Automate rating across multiple clients and pricing models;
- Apply uplift pricing to shipping costs, as well as accessorials, fuel, carrier costs – or any combination of these;
- Assign uplifted rates based on mode, contract terms and spot rates;
- Uplift rates by a percentage, margin or flat fee.
Learn more about our TMS freight rate management engine
Better Cost Control with Multimodal Freight Rate Management
Many TMS solutions pigeonhole freight into very specific mode restrictions. This causes users to miss out on major savings opportunities that could have been gained with greater breadth. In addition to showing all major modes, the MercuryGate freight rate management engine includes rates extended directly by carriers, third-party logistics providers (3PLs), and brokers.
Use multimodal freight rate management to:
Lead the Way in Digital Freight
Weigh the Value of Cost vs. Service
Easily make comparisons that reveal the impact of cost and service on value. For example, contrast the cost and arrival time of a move via air vs. an ocean move. Regardless of complexity, multimodal rating pinpoints the best mode options across parcel, truckload, LTL, air, and ocean.
Consider the Impact of Drayage
Often the gray areas between different modes, or drayage, is where costs can skyrocket. Multimodal rating can natively rate shipments across multiple geographies and the full scope of inbound, outbound, inter-company, backhauls, returns and final mile inclusive of dray costs.
Benchmark Rates Against Industry Averages
Multimodal rate management does not end with finding a good rate. Rate indexing enables analysis of your transportation spend in comparison to the industry at large. Use anonymized data from over $100 billion in FUM, to create lane-specific benchmarks for use in future rating and determine actual spend by mode and service type.
