123Loadboard.com Launches Rate Check Tool to Calculate Freight Rates
February 21, 2013 - Products
123Loadboard.com recently launched of their “Rate Check” feature, giving brokers, carriers and shippers the ability to look up and measure the profitability of truck lanes.
Rate Check will track critical freight rate data from thousands of truck lanes for all major North American market areas.
The new tool from 123Loadboard.com initially launched as BETA in December 2012. Rate Check breaks down the most profitable truckload lanes by analyzing the average rate per mile, line haul revenue and average fuel cost per trip.
Transportation professionals can target where they want to haul freight based on the dollar amount generated by specific routes. This allows them to negotiate better rates to increase their profits.
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