Executive Briefings

DAT Introduces Real-Time Rate Tool for Carriers

DAT, a freight marketplace platform and information provider, has released DAT RateView.

The tool allows carriers to see market rates paid by shippers, as well as current spot-market rates on all lanes in the U.S. and Canada. In addition, RateView automatically suggests backhauls and "tri-hauls" based on the highest-paying lanes for returning trucks to their points of origin. Tri-hauls take advantage of the most profitable triangular routes. The feature takes into account load availability and competing truck capacity at origin, along with suggested intermediate points. Rate calculators compare linehaul and fuel surcharges, to identify the revenue potential of hauls under consideration. The tool helps to transform backhauls into revenue-generating opportunities, DAT said. Carriers can compare rates they are being paid against the market rates on lanes they are running, as well as explore new lanes. DAT RateView provides 13-month rate histories, information that can be valuable for seasonal trend analysis, the company said.

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The tool allows carriers to see market rates paid by shippers, as well as current spot-market rates on all lanes in the U.S. and Canada. In addition, RateView automatically suggests backhauls and "tri-hauls" based on the highest-paying lanes for returning trucks to their points of origin. Tri-hauls take advantage of the most profitable triangular routes. The feature takes into account load availability and competing truck capacity at origin, along with suggested intermediate points. Rate calculators compare linehaul and fuel surcharges, to identify the revenue potential of hauls under consideration. The tool helps to transform backhauls into revenue-generating opportunities, DAT said. Carriers can compare rates they are being paid against the market rates on lanes they are running, as well as explore new lanes. DAT RateView provides 13-month rate histories, information that can be valuable for seasonal trend analysis, the company said.

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