Executive Briefings

Logistical Labs Debuts Big Data Social Pricing Tool

Logistical Labs LLC has launched LoadDex, a freight-pricing and modal-selection tool for transportation and logistics.

LoadDex draws on big data and social collaboration to help shippers and third-party logistics providers achieve faster and more accurate freight pricing. The software aggregates pricing information for a given route, utilizing an algorithm that collects relevant historical, social and external pricing data through interactive tools. In addition, it provides intermodal operations for freight pricing, offering multiple rail options for shipping goods. LoadDex aggregates cross-departmental data and provides a social platform for team members to collaborate. The feature includes a chat function, which lets users exchange information in a "gamified" format, the company said. The new tool is available on a monthly, user-based pricing model and can be accessed via desktop or mobile devices.

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LoadDex draws on big data and social collaboration to help shippers and third-party logistics providers achieve faster and more accurate freight pricing. The software aggregates pricing information for a given route, utilizing an algorithm that collects relevant historical, social and external pricing data through interactive tools. In addition, it provides intermodal operations for freight pricing, offering multiple rail options for shipping goods. LoadDex aggregates cross-departmental data and provides a social platform for team members to collaborate. The feature includes a chat function, which lets users exchange information in a "gamified" format, the company said. The new tool is available on a monthly, user-based pricing model and can be accessed via desktop or mobile devices.

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