For carriers, your goal is to carry as much freight as possible in the lanes that are most profitable for you. While that sounds like a lofty goal, with the digitization of freight management and more shippers and 3PLs utilizing carrier freight pricing APIs, it is a goal you can achieve. And Banyan Technology can help you do so.
By implementing Banyan’s Intelligent Freight Pricing Suite into your transportation management system or Electronic Data Interchange (EDI), your company will be able to improve efficiency and profitability by being able to communicate to shippers and 3PLs in real time and meet their freight capacity or shipping needs. With Intelligent Freight Pricing, carriers can adjust rates according to current conditions and operational needs in the easy-to-integrate and easy-to-use API. It will help your company balance daily changes in volume and location and attract the right freight for your situation by offering discounts to preferred shippers to entice them to use you in your profitable lanes.
Intelligent Freight Pricing for LTL carriers not only gives you more visibility into freight management, but it simplifies the whole process. By digitizing everything from shipment attributes and accessorial requirements to delivery times, all parties are able to make fact-based, thoughtful decisions that subsequently improve operational efficiencies in ways that make them quicker, smarter and leaner.
With Intelligent Freight Pricing, carriers can:
- Provide a more balanced network through real-time pricing strategies that address current needs and conditions
- Access more data, such client profiles, contract terms and performance logs, which enables them to make better pricing decisions
- Attract the freight you want by using filters that take into account lane specifics plus freight and account attributes
- Achieve pricing flexibility and agility
- Improve customer satisfaction and accountability through added reporting
- Give sales teams an advantage during quarterly business meetings with customers
Get the agility and operational efficiency you need with the top LTL freight pricing API from the industry’s most trusted leader, Banyan Technology.