DAT Introduces Real-Time Rate Tools for Carriers with Highest Paying Route Options
August 12, 2013
DAT announced the availability of DAT RateView, enabling carriers to see market rates paid by shippers as well as current spot market rates on all lanes inthe United States and Canada.
Equally important, RateView automatically suggests backhauls as well as TriHauls based on highest paying lanes returning trucks to their point of origin. TriHauls take advantage of the most profitable triangle routes that can give carriers options for return trips that pay at a higher rate.
The TriHaul feature in DAT RateView takes into account load availability and competing truck capacity at the origin, and suggested intermediate points. Rate calculators let carriers compare the linehaul and fuel surcharges to immediately understand the revenue potential of the TriHauls and backhauls under consideration.
Carriers can quickly compare the rates they are being paid against the market rates on lanes they are running as well as explore new lanes. DAT RateView also provides 13 month rate histories, information critical to seasonal trend analysis and for quick and easy RFP response. The simple-to-use lane bulk-download feature can reduce the time necessary to respond to RFPs from hours to minutes.
DAT RateView is based on $20 billion per year of actual freight transactions and adds a powerful complement to DAT load boards.