The Forefront of the Digital Freight Pricing Revolution
The Intelligent Freight Pricing Suite provides instantaneous API connections that enable stakeholders to maximize their relationships and easily manage the freight-buying process.
We offer real-time rates, improving visibility and billing, and giving companies the ability to reallocate funds to more value-added efforts.
Enhances Functionality
Banyan’s Intelligent Freight Pricing Suite enhances the functionality of Banyan’s premier data hub, LIVE Connect™, enabling carriers to offer true dynamic pricing and client- and contract-specific pricing incentives through an API-powered dispatch system.
Custom Segment Targeting
Using our Intelligent Freight Pricing Suite, you can build your own dashboard utilizing predetermined or custom rules to define a targeted segment of your market based on geography, shipment attributes, clients and customer behaviors. You can then choose the amount of the incentives and the timing duration.
Agile Pricing
Our unique Capacity Optimizer™ allows for pricing agility, enabling you to attract more desired shipments and to control freight flows and increase profitability – all while maintaining contract obligations.
Analytical Insights
Our Insights™ feature provides essential relative pricing data analysis tools to guide your pricing decisions.
Multifaceted Customizations
You can also define multifaceted rules and schedule Live Lane Specials™ to set custom discounts and cost caps to run for predetermined times or turn on and off as needed.
Drive Prices Your Way
By combining dynamic pricing opportunities with fact-based decision-making tools, shippers and carriers alike have an incentive to become preferred partners in an ever-changing environment that increasingly relies on technology and transparency.
While the system is technology-based, the process incorporates direct communication between shippers or 3PLs and the carrier’s representative. The Intelligent Freight Pricing tool provides monthly feedback and allows for honest, two-way communication.
Digitizing everything from shipment attributes and accessorial requirements to delivery times empowers all parties to make fact-based, thoughtful decisions that subsequently improve operational efficiencies in ways that make them quicker, smarter and leaner.
Everybody wins.
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