The deal integrates Chainalytics’ proprietary Freight Marketing Intelligence Consortium (FMIC) truckload data for third-party logistics providers and brokers with Logistical Labs’ pricing platform, LoadDex. FMIC provides time-sensitive market intelligence, benchmarking and comparative trend analysis through a secure, integrated platform. The tool provides users with visibility to truckload price trends, lane reports and information at the load level. LoadDex aggregates pricing information for any given route, helping users to make strategic decisions on pricing and mode selection. It uses an algorithm that collects relevant historical, social and external pricing data through interactive tools to compare and track rates.
Timely, incisive articles delivered directly to your inbox.