As a third-party logistics firm (3PL), you must leverage your connections and relationships with carriers to get the best rates for your customers and your business. You have a lot of information to work with, but you can optimize all of that data and leverage it to better your negotiations by implementing a software as a service (SaaS) solution that benefits 3PLs. Not only will freight pricing APIs provide you real-time access to carrier rates and discounts, but you will be able to tender, track and retrieve documents at the exact time you need it to better your customer service and increase your profit margins. It’s a win-win!
3PLs that opt to utilize Banyan Technology’s groundbreaking LTL freight pricing API, LIVE Connect™, can automate a number of functions throughout the entire shipping process, including choosing a carrier, assigning a PRO number and invoicing, all through the flexible API. 3PLs will gain instant and easy access to rates from their preferred carriers and actionable data that results in immediate savings delivering a long-term value.
With LIVE Connect™, 3PLs will:
- Increase profit margins
- Get access to more than 1,400 carriers in the industry’s top-performing API hub
- Realize cost savings through better visibility by empowering clients to manage tracking, retrieve documents and compare rates.
- Gain efficiencies through streamlined, automated processes in a system that integrates both shipper and carrier contract data
- Save on freight costs through Live Lane Specials™, our proprietary in-the-moment lane rate reductions offered by your contracted carriers
- Achieve more accurate billing – with all shipment details digitally documented and shared directly with carriers, there’s no room for interpretation
- Enhance decision-making through access to quantifiable performance data
- Have the ability to customize the API by adding client-specific and weight-, pallet count- or dimensional-specific profit margin percentages by carrier