DAT Solutions has launched three new products to help truckload carriers and brokers manage some of the uncertainty in the freight business. The addition of Ratecast, MCI and Book Now will expand DAT’s planning and forecasting proposition, allowing customers to anticipate and plan for future changes.
Ratecast is a forecasting tool that provides shippers, brokers and carriers with real-time rate forecasting and predictions that range from one day to one year in the future. These account for short-term market effects, seasonal impacts and long-term price trends. Market Conditions Index provides a dynamic indicator of future changes in van, refrigerated and flatbed freight supply and demand, for more accurate planning. The graphic representation of geographical markets shows past, present and future market conditions, generated by actual inbound and outbound freight transactions, load board post and search behavior, short and long terms trends. Book Now is a one-touch booking feature allows carriers to lock in a rate on their mobile or desktop device instantly. Brokers now have the option to designate Book Now loads on DAT, helping streamline the negotiation and load booking process and decreasing the amount of time spent on the overall transaction.
“These unprecedented and difficult times are challenging all of us in new ways and, here at DAT, we feel that helping our customers forecast and plan during this highly volatile market is how we can best support them,” said Claude Pumilia, President and CEO of DAT.
About DAT Solutions
DAT operates the largest truckload freight marketplace in North America. Transportation brokers, motor carriers, news organizations and industry analysts rely on DAT for market trends and data insights based on 183 million freight matches and a database of $68 billion in annual market transactions. As the industry standard in truckload pricing, DAT’s freight rate database also provides the index prices for freight futures contracts.
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