Challenge: A shipper’s procurement team, responsible for moving tens of thousands of truckloads per day, was manually aggregating carrier bids — a costly, time-intensive process. The shipper needed a solution that could handle its high volume and manage relationships with several hundred carriers.
Solution: A partnership with Transfix gave the shipper immediate access to fair market prices, and the company no longer spent hours aggregating lane quotes from a fragmented group of carriers. Transfix’s proprietary algorithm generated competitive spot rates — using a sophisticated cost-prediction model and data on real-time truck volumes, shipment density, market trends and more.
Results: The shipper gained access to unlimited, guaranteed spot shipment capacity. Operational efficiencies improved due to more accurate predictions of transportation costs, quicker adjustments to unplanned production changes, and time savings by sourcing rates over auction, phone and email. Transfix quickly covered 66 percent of available freight on a given day — with 98-percent on-time pick up.
About the Solution Provider: Transfix is the leading freight marketplace connecting shippers to a national network of reliable carriers. Fortune 500 companies such as Anheuser-Busch, Unilever, and Target rely on Transfix to handle their most important freight needs. With instant pricing tools, guaranteed capacity, data-driven insights, and reliable service, Transfix is changing the world of transportation one load at a time.
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