For LTL Carriers - FreightFacts

FreightFacts Mission

Improve Carriers Operating Ratio by 1-3 points

Driving shipper efficiency through accountability, rich consistent intelligence, and transparency to critical factors to improve industry wide costly bad practices.

Critical Metrics for LTL Carrier Profitability Presented for Shipper C-Level Understanding

Shipper logistics managers have no infrastructure nor incentive to capture critical operational metrics that affect every carrier. Aggregating data across carriers and distilling it into a Freight Score brings actionable accountability, and efficiency to all participating carriers to benefit proportionally.

We help deliver sustainable OR improvement through shipper driven efficiency.

Account-level metrics include:

Monthly Shipment Volume
Average Length of Haul
Billing Exception Data
Claims Filed and Paid
Days to Pay

Location-level metrics include:

Pick-up and Delivery Dwell Time Data
Average Weight per Shipment
Average Shipment Density
Average Handling Units
NMFC Code History
Re-weigh Changes
Re-class Changes
Liftgate / Limited Access / Residential Intelligence
Accessorial Details

Upgrade an Outdated Process

Current onboarding strategies available LTL Carrier are to interview potential customers, make the best educated assumptions, and then make pricing adjustments after the customer is operating for a while.

This learn-by-experience strategy is costly in time and resources across the spectrum of the LTL Carrier community. Each participating carrier benefits relative to its size and market position.

Sales and account management efficiency gains in:

Prospecting
Qualifying
Analyzing RFPs
Setting more accurate pricing upfront
Working with current accounts on data driven metrics

Relative Performance Metrics

FreightFacts delivers unique insights on scoring perspectives to understand how your experience at a shipper compares the industry average.

My Data

Capture detailed relative performance data from your shipper experience compared to the market average

Market View

Gain industry intelligence from aggregated anonymized data

Shipper Education & Accountability

Just like a credit score, Shippers now have a base of accountability on factors that most impact profitability and a simple C-Level metric that they can track and improve.

Grow Profitably

Banks won’t lend money without checking a credit score, so why should carriers offer pricing without checking a freight score? Get the facts up front.

Enhanced Dynamic Pricing

Freight Scores to enhance the logic on dynamic pricing engines to account for what are currently unknown risk factors that affect profitability.

Contact FreightFacts To Start Competing Smarter

Our LTL shipper intelligence illuminates a faster path to higher profits.

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