DAT unveils DAT iQ Benchmark, an enhanced transportation rate and performance benchmarking tool for shippers
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DAT iQ Benchmark (Graphic: DAT Freight & Analytics)
DAT iQ Benchmark uses new AI-powered rate models trained on the industry’s largest dataset, comprising
DAT iQ Benchmark pricing models consume new transaction data daily to produce the most accurate reflection of spot and contract rates on virtually every trucking lane in
DAT iQ Benchmark now includes pricing models for uncommon and specialized freight types, including hazardous materials, intermodal, expedited freight, flatbed freight, and loads in
“Understanding your transportation costs and performance over time and relative to the market helps you pinpoint what drives your supply chain, what holds you back, and where you can improve,” said
DAT iQ Benchmark helps transportation procurement professionals do their jobs more effectively in a number of ways:
- Better communication: Communicate performance and rate competitiveness to senior management and put costs in context.
- Find efficiencies: Identify lane and carrier-level operational opportunities to improve efficiency and utilization.
- Budget and forecast accurately: Prepare for RFPs, carrier reviews, and budgets with accurate benchmark data.
- Measure performance: Evaluate pricing against past, present, and forecasted benchmark rates.
“We’ve gone from fully outsourcing our transportation to managing it ourselves using data and analysis from DAT iQ Benchmark,” said
For more information, visit DAT.com/Shippers.
See DAT iQ at the Gartner Symposium
Experience DAT iQ Benchmark at Booth 107 in the
Speaker session at Gartner: Dr.
On
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About DAT Freight & Analytics
DAT Freight & Analytics operates both the largest truckload freight marketplace and truckload freight data analytics service in
Founded in 1978, DAT is a business unit of
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Corporate Communications,
DAT Freight & Analytics
georgia.jablon@dat.com
904-305-6454
Source: DAT Freight & Analytics