Summary: Road Freight Benchmarking Solution in Europe

The solution allows benchmarking the prices of road transportation across Europe for specific routes and cargo characteristics.

Geographical Coverage

Our road freight benchmarking solution coverage is across 40+ countries (check the list below). You provide to the API precise GPS coordinates (latitude and longitude) for both pick-up and delivery locations.

  • Andorra
  • Albania
  • Austria
  • Bosnia and Herzegovina
  • Belgium
  • Bulgaria
  • Belarus
  • Switzerland
  • Czech Republic
  • Germany
  • Denmark
  • Estonia
  • Spain
  • Finland
  • France
  • United Kingdom
  • Greece
  • Croatia
  • Hungary
  • Ireland
  • Iceland
  • Italy
  • Liechtenstein
  • Lithuania
  • Luxembourg
  • Latvia
  • Monaco
  • Moldova
  • Montenegro
  • North Macedonia
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Romania
  • Serbia
  • Russia
  • Sweden
  • Slovenia
  • Slovakia
  • Ukraine
  • Vatican City

To come :

  • Turkey
  • Marocco
  • Tunisia

Distance

Truck distances are calculated using data from our partner PTV, ensuring accurate estimations.

Market type

Spot market

Spot is an on-demand transportation. It refers to the arrangement where freight is moved on a one-time basis. Spot freight is typically used when there is an immediate requirement to move cargo or when regular contract capacity is insufficient or unavailable. Spot rates are usually more volatile than contract rates.

Contract market
Contract transportation involves a long-term agreement between the two parts for regular or recurring transportation services. It establishes a committed relationship and guarantees capacity over an extended period, typically spanning months or years.

FTL & LTL

The solution caters to both Full TruckLoad (FTL) and Less than TruckLoad (LTL) shipments, accommodating cargo from 1 to 33 pallets. LTL prices are based on chartering rather than consolidation.

Weight and Volume

The solution requires inputting both the gross weight and volume of the cargo (in pallets, loading meters or cubic meters). The chargeable weight is determined based on the higher value between actual weight and volumetric weight.

❓ Handling One Known Parameter: If only one parameter (weight or volume) is known, you can still proceed with benchmarking. For example, by providing only the weight, using 1 pallet along with the weight will yield appropriate calculations.

❓Handling Unknown Parameters for FTL: In cases where both weight and volume are unknown but it's an FTL shipment, you can input a weight of 24,000 kilograms and 33 pallets.

Cargo Characteristics

Different types of trucks and associated goods are available for selection based on specific cargo requirements.

Type of Truck

CodeDescription
TRLTautliner/Trailer
FBDFlatbed
CONContainer
CITTank
BENDump truck

Type of goods

CodeDescription
GENGeneral Cargo
REFReefer
BULBulk
FOOFood
LIQLiquids
ROLRolling Material

The matching

Type of TruckType of goods
TRLGEN, REF, BUL, FOO
FBDGEN, BUL, ROL
CONGEN
CITLIQ
BENBUL

Fuel Surcharge

Benchmarking can be done with or without a fuel surcharge, separating freight costs from fuel-related surcharges. The fuel surcharge is determined based on fuel cost fluctuations in the country of origin.

Hazardous Goods

Price dispersion is provided for shipments containing hazardous goods, without differentiation between specific hazard classes.

Dates

The benchmarking process provides prices for specific routes on selected dates, including past dates starting from January 1, 2017 to today.