Shippers seeking to automate their transportation plan to get improved routing guide compliance, significant time and cost savings, and better service now can benefit from NTE TransTrade, a private trading community.

The automated service enables companies with core carrier relationships to secure transportation services systematically and dynamically using their business rules and core carriers. With NTE TransTrade, a shipper's routing guide is used to drive all transactions using NTE's world-class technologies and Web services delivery model.
Automating the tendering and procurement functions enhances routing guide compliance and eliminates time-consuming, manual processes as work that previously was done via phone calls and faxes now can be done instantly online or via system-to-system integrations, according to John Murphy, NTE's vice president of product & solution strategy.
"TransTrade enables you to execute your transportation plan as it was originally designed, using your carriers and business rules," Murphy said. "You can ensure strict compliance to your routing guide at predictable costs, enabling you to improve performance and gain supply chain control. The entire process can be automated so you save time and money."
Transportation execution can be configured based on shippers' preferences using flexible tiered or broadcast tendering. For example, a shipper can pick a low-cost carrier for a particular lane, and a carrier with the highest service level for another lane. The shipper also can attempt to move the load within a certain time period or at a certain price in the open market using NTE's Public Exchange service, its member-based trading community in which multiple shippers and multiple carriers collaborate and transact.