GLOBAL FREIGHT MARKET ANALYSIS SYSTEM

Through benchmarking, the system must measure freight spend and carrier service, operational efficiency, and profitability against market dynamics. The system must support analysis through access supply chain data and visualizations across all transportation modes at the global, national, and local level. The system must monitor and identify opportunities to optimize networks and see emerging market trends. The system must support forecasting by predicting rates and capacity to minimize service failures. The system must provide access to the latest, most up-to-date freight data, collected at the point of booking, to provide the clearest insight into the freight market by aggregating Electronic Tenders, Transportation Management Systems, Electronic Logging Devices, Fuel Purchasing Systems, Bills of Lading Data, U.S. Customs and Border Protection, and Telematics. The system must be able to generate Nationwide Freight Volume, Freight Velocity, Freight Capacity Utilization, Outbound and Inbound Tender Volume, Outbound and Inbound Tender Rejection Rates, Long Haul Freight Rates, Truck to Driver Ratio, and Overall Freight Market by Region with visualization tools that compare current data to selected timeframe benchmarks, e.g., year on year comparisons.