Freight Cost Benchmarking for Carriers:

NOTE: If You are a Shipper see Freight Benchmarking for Shippers

Wouldn't you like to know what your competitors charge for the services you provide? We can tell you. Find out if your rates and charges are competitive and where you can increase yield with Freight Benchmarking Services from Business Logistics. This service is available for domestic and international shipments in all transport modes.

We provide rate benchmarking for domestic and international freight rates and can determine the level of price support existing in various traffic lanes and geographic regions. This information can be helpful in assessing whether or not the rates you are charging, or plan to charge, are either too high or too low, and what the financial impact would be of making competitive price adjustments.

In conducting a freight benchmarking project for your company, we will work with you to identify shipment types, traffic lanes, rates and shipment volumes you want to benchmark, using this information as the baseline for comparison purposes. Enabled by our special access to a multi-billion dollar active freight database, we will conduct a freight rate data query process that will extract rates from numerous companies that are closest matches to your defined baseline criteria.

The data query process will produce rates that are actually being paid by shippers to other carriers using similar transportation services under comparable conditions. While we are not able to reveal company information for confidentiality reasons, the rate information you obtain will offer a valuable insight into how competitively priced your company's freight rates are.

In addition to producing benchmark rates, we offer interpretive statistical analyses that will:

	Illustrate where your company stands in the field of rates paid to other transportation service providers
	Calculate the difference between your company's rates and those produced by using the lowest, average, and highest applicable rates
	Project the potential revenue impact that might result by charging competitive rates

Our clients have been able to identify and achieve substantial revenue enhancements with the help of our cost benchmarking services, and yours can too. Please contact us for more information regarding this innovative and valuable service from Business Logistics.