DAT Unveils Broker Pulse, Market-Based Intelligence for Freight Brokers

PORTLAND, Ore.,— DAT Freight & Analytics has introduced DAT Broker Pulse, a subscription-based service for freight brokers that delivers direct access to market intelligence and benchmarking based on spot and contract freight transactions.

Broker Pulse is the first of its kind for freight brokers, giving them the ability to look beyond their own business metrics and evaluate contracts, carriers and costs against the broader market and their peers in an anonymous forum.

Broker Pulse subscribers participate by contributing near real-time data from actual transactions on a regular cadence. DAT anonymizes this expansive dataset and applies advanced analytics and machine learning to generate common metrics that brokers can use for strategic business planning and more informed negotiations with shippers and carriers.

Broker Pulse delivers numerous features and benefits, including:

  • Benchmarking: Broker Pulse provides price and other transaction metrics by lane, carrier and geography as well as trends by mode, carrier and customer. Brokers can make an assessment of their own pricing, capacity, volumes and contracting processes relative to benchmarks from the industry and their peers.
  • RateView, the industry standard in pricing: Broker Pulse leverages the power of RateView, DAT’s database of more than $110 billion in annual freight transactions. RateView gives brokers the latest rate information for thousands of broker-to-carrier spot and/or shipper-to-carrier contract market lanes, based on actual freight bills, not bids or factored rates.
  • Executive Dashboards: The Broker Pulse data-visualization platform offers company-specific, market-specific and customizable dashboard views. Brokers can access Broker Pulse data through cloud-based visualization.
  • Easy integration: With no formatting or data manipulations required to participate, providing and receiving market updates is quick and simple. It reduces the time and resources spent translating data into meaningful reports.

The new service builds on the comparative analysis modeling used by DAT’s Freight Market Intelligence Consortium (FMIC), where hundreds of global freight shippers benefit from sharing transaction information anonymously.

Mike Weaver, VP Sales at DAT said: “This is an industry where financial and operational data is closely guarded, with broker visibility usually limited to their own operation. Broker Pulse expands the scope, uniquely providing executives and senior managers with a bigger picture of company performance relative to their peers.”

To learn more about DAT Broker Pulse, visit www.dat.com

About DAT Freight & Analytics

DAT operates the largest truckload freight marketplace in North America. Transportation brokers, motor carriers, news organizations and industry analysts rely on DAT for market trends and data insights derived from 249 million freight matches and a database of $110 billion in annual market transactions. As the industry standard in truckload pricing, DAT’s freight rate database also provides the settlement prices against which trucking freight futures contracts are traded.

Founded in 1978, DAT Solutions LLC is a wholly owned subsidiary of Roper Technologies (NYSE:ROP), a diversified technology company and constituent of the S&P 500, Fortune 1000, and Russell 1000 indices. DAT.com

Contact

Annabel Reeves
Corporate Communications
DAT Freight & Analytics
[email protected]
503-501-0143