INCREASE YOUR NEGOTIATING STRENGTH WITH GREATER MARKET INSIGHT

The freight market can be incredibly volatile. Demand for freight capacity can rise or fall suddenly, making it difficult to know if the rates you are seeing today are consistent with current and overall market averages. Whether you are a high-volume shipper or a logistics services provider, you want to make sure you are getting the best rate for your business.

RateFriend is the first and only freight index that provides rate information for all major modes, including truckload, less-than-truckload, parcel, air, ocean, rail, and intermodal. RateFriend uses data from the MercuryGate customer network to calculate monthly benchmarks by lane. The data is batch updated nightly and scrubbed to preserve anonymity. Customer rates are maintained separately from carrier rates, as are contract rates from spot rates.

This enables transportation management and procurement professionals to determine appropriate market rates for both North American and international lanes using a single application. Index averages in RateFriend are updated nightly and based on aggregate results from more than 80 million loads per year, so you can feel confident in the accuracy of the data.

THE ONLY GLOBAL, OMNI-MODAL FREIGHT INDEX

RATEFRIEND

RATEFRIEND HIGHLIGHTS

• Discover what your peers are paying for freight

• Access up-to-date freight market rate data (by mode, lane, and equipment type)

• Evaluate contract rates, spot rates, and market trends

• Analyze rates for global multi-leg loads across all modes

• Benchmark hundreds of lanes simultaneously

CALL +1 919.469.8057 / VISIT mercurygate.com

RATEFRIEND

WHY RATEFRIEND

Automate rate analysis Control transportation costs

Negotiate with confidence Stay on top of market trends

ARE YOU GETTING THE BEST RATE?

Whether comparing spot quotes or evaluating contract bids, it’s hard to know if you’re getting the best possible rate. Without the right data, you rely on your own past experiences and gut instinct. Both are valuable, but neither is enough in today’s market when you’re trying to decide which carrier to use. To get the best rate, you need to know what others are paying right now and see what’s happening across the market.

HERE’S A TYPICAL SCENARIO:

Let’s say capacity this time of year is tight, and you have a load to cover. Once you set up the load in the MercuryGate TMS, you can access Market Rates with a single click. You now have all the information you need to negotiate with confidence the best rate for that particular load. RateFriend essentially does the same thing for you when you are conducting any freight negotiation.

You see the current rates people like you are paying for freight. And, since data is updated nightly, you know your decisions are based on current market conditions – whether capacity is tightening or not, and the rates are based on loads that are like yours.

CALL +1 919.469.8057 / VISIT mercurygate.com

RATEFRIEND

CALL +1 919.469.8057 / VISIT mercurygate.comMercuryGate International, Inc.200 Regency Forest Dr, Suite 400 / Cary, NC 27518 USA

To learn more, emailsales@mercurygate.com

ABOUT MERCURYGATE MercuryGate provides powerful transportation management solutions proven to be a competitive advantage for today’s most successful shippers, 3PLs, freight forwarders, brokers, and carriers. Through the continued release of innovative, results-driven technology and a commitment to making customers successful, MercuryGate delivers exceptional value for TMS users through improved productivity and operational efficiency.

MARKET TRANSPARENCY

RateFriend gives you a clear and accurate picture of market rates, the information you can use to drive down transportation costs. Compare existing contracts with spot-market rates. Identify carriers that may be overpriced. Find the most cost-effective mode for any shipment. Quote rates with confidence.

RateFriend Window: The top chart shows carrier rate averages; the bottom shows customer rate averages.

INFORMATION AT YOUR FINGERTIPS

RateFriend is integrated with MercuryGate’s TMS and MercuryProcure, giving you direct access to the information you need through a single platform. MercuryGate also integrates with other indexing services, meaning that you have all of the data that you need where you need it – inside the MercuryGate TMS and you can compare against different indexing services. There is no need to log in to a website or different application. RateFriend index data is updated nightly, with over 120,000 new loads added every 24 hours. You’ll have your finger on the true pulse of the market.

LEARN MORE ABOUT RATEFRIEND

Get through your work day faster with the only freight index that provides rate information for all major modes. Request your live demo of RateFriend today.