Transite Technology launches industry’s first aggregated 3PL rate service

By: | at 08:00 PM | Transport Intermediaries  

‘My Freight Rates’ service enables Brokers and Shippers to obtain easily the lowest rates from multiple parties from a single source while serving as a powerful marketing channel for 3PLs.

Transite Technology, a leading provider of transportation management solutions, technologies and services, has launched a ground-breaking new service, My Freight Rates, which aggregates the best rates from numerous 3PLs and enables brokers and shippers to easily access these rates for real-time shipments.

‘This delivers the absolute lowest rates to brokers and shippers while driving revenue for our 3PL partners,’ said Geoff Comrie, CEO of Transite. ‘While this is clearly a service to the industry, it’s fundamentally driven and made possible by Transite’s core technology.’

My Freight Rates aggregates rates from all participating 3PLs.‘When a broker or shipper needs a price, they access MFR and are delivered the lowest per shipment charges culled from the 3PLs. Transite developed new ‘AggreRater’ technology to mine all the 3PL data in real-time and then surface the least-cost prices to the broker or shipper.

‘3PLs have another source of revenue, and brokers and shippers get low prices in a simple, easy manner,’ said Comrie.’‘We have yet to do aggressive marketing but we already have participation from 3PLs such as Access America Transport, Custom Logistics and others.’


Discussion

Be the first to comment on this article!

To avoid Spammers, we ask that you log in using your AJOT.com account. Free accounts have access to commenting.

Did you forget your password?

It happens...