Benchmarking

πŸ’₯ Benchmarking freight rates enables companies to stay updated with market trends and fluctuations. Freight rates can be influenced by various factors, such as fuel prices, driver shortages, regulatory changes, politic or economic conditions. By regularly benchmarking rates, your business can proactively respond to these market dynamics, adapt your pricing strategies, and make informed decisions to mitigate risks or leverage opportunities.

Our algorithm powered by millions of data

Our algorithm is based on millions of freight price history data from various sources. This data is updated daily to ensure that our algorithm uses the most up-to-date information. Developed by the Data Science team, our algorithm is a result of ongoing enhancements, such as the integration of new features, driven by customer feedbacks and demands.

Four modes of transportation and a global geographic coverage

Our solution offers the ability to benchmark freight rates in four different modes of transportation and global geographic coverage. Upply's Benchmark enables you to obtain reliable estimates to make informed decisions.

  1. Air Transport: Compare your air freight prices originating from any pickup airport to any delivery airport of your choice in the world. *

  2. Maritime Transport: Benchmark your freight rates in maritime transport for full container loads (FCL), from any pickup port to any delivery port of your choice in the world. *

  3. Road Transport in Europe: Benchmark you road freight rates in Europe for both FTL and LTL in more than 40 countries, for spot or contractual market, with or without fuel surcharge. Our algorithm allows a lot of options to

  4. Road Transport in North America: Benchmark you road freight rates in North America: The USA, Mexico and Canada.

* Additionally, we provide pricing information for both pre and post carriage by road, allowing you to evaluate the complete transportation costs for your shipments.

An API to automate your benchmarks

You can integrate our API into your internal systems to easily access our features and obtain real-time information on rates and other relevant details. This functionality streamlines your processes and enables you to make informed logistics decisions.

Don't hesitate to contact us to learn more about our services and discover how we can meet your logistics needs.