True Multimodal Rating Data and Management Optimize Savings
More multimodal data gives you greater accuracy
MercuryGate’s multimodal rate index contains more data than the largest transaction freight indexes. In addition to showing all major modes, it also includes rates extended directly by carriers, third-party logistics providers (3PLs), and brokers. Review multimodal rates alongside direct rates at any time. This empowers our customers to sell freight transportation with reliable and data-driven information even before they have secured their carriers.
Multimodal integration for expanded saving opportunities
Where are the most significant savings to be found in spot freight and shipping freight rates? Often, it’s in those gray areas between the different modes, including air freight rates and ocean freight rates. MecuryGate’s multimodal rating capabilities provide additional value for our customers.
Assess your rating against organization and industry benchmarks
MercuryGate finalizes our rate engine by creating an industry benchmark rate to measure transportation spend. By analyzing the data of $60B USD in MercuryGate customers’ freight under management, monthly benchmarks by lane are calculated. The data, scrubbed to preserve anonymity, is updated nightly.
Customer rates are maintained separately from carrier rates. Contract rates and spot rates are also separated as well as categorized by mode. Type-of-service indexes can be stored on a load, as a benchmark. The data points can then be used in future analysis to show how the freight spend measured up by mode and service. This depth guarantees MercuryGate customers are provided the most accurate rates available.