DAT iQ can help make your truckload pricing strategy more efficient. Through our freight matching and analytics platforms, DAT provides the most valuable market insight and rate benchmarking for carriers, brokers and shippers large and small. All market participants can view average rate data available in the DAT One load board.
DAT gives you the best truck load rate data available so you can negotiate the best prices on both spot and contract rates. DAT shows you the most current truckload rates paid by freight brokers and shippers on 68,000 lanes. Use the real-time database of historical trends to stay on top of market conditions so you can make business decisions with confidence.
Because DAT collects and stores data from across the trucking industry, our data analytics team can generate custom reports to help you understand how your individual business fits into the larger market. DAT’s freight forecasting tools, including Ratecast, can help you manage both short and long-term planning for your specific circumstances so you can negotiate more favorable shipping contracts and take better control of one of your biggest procurement expenses. Ratecast is the most accurate rate forecasting tool in the industry, with 95% accuracy. With the most historically complete pricing database, Ratecast also takes into account short-term market effects, seasonal and long-term trends to provide reliable forecasts.
DAT Trendlines — which is often cited in the Wall Street Journal, Financial Times, Business Insider, and other publications — is a free report that gives you weekly recaps and updates on capacity and demand (load-to-truck ratios), and national averages for spot market rates so you can stay on top of the market. Trendlines also integrates with DAT’s load boards so you can more easily find the best rates available. For shippers, we also offer a free preview monthly of the DAT iQ Pulse Signal Report. This report is derived from $50 billion in actual shipment data annually from the Freight Market Intelligence Consortium (FMIC).
DAT operates and manages the largest freight exchange network in the industry. That network makes it easier for brokers, carriers, dispatchers, and shippers to find partners and conduct business. DAT also collects real data from real payments between brokers, shippers, and carriers to create the largest truckload rates database anywhere.
We then analyze all the information from billions of dollars’ worth of transactions conducted over the DAT platform. That analysis lets us offer insights into market trends, trucking rates for all different kinds of freight, and more.
DAT’s data is more reliable for four key reasons. We offer:
DAT has created the Freight Market Intelligence Consortium (FMIC) to crunch the transaction numbers on truck load rates. A subscription-based tool for rate benchmarking and market intelligence, FMIC collects transaction-level data from shippers. The DAT iQ platform uses AI and machine learning to generate detailed cost estimates for transportation service providers.
DAT helps carriers and owner-operators make sure they are being paid fairly for their work. Freight rate data enables carriers to find the best routes for their business and helps them negotiate accurate contracts. DAT’s rate data tools integrate with DAT’s load boards so carriers can check which brokers are paying for different types of freight on different lanes. DAT offers information on average lane rates — even if brokers don’t include the rates when they post loads.
Freight rates help shippers prepare for the future so they can make better-informed business decisions. Understanding how seasonal market changes impact freight rates enables shippers to better prepare their spending budgets throughout the year. It also helps them compare bids against what people are typically paying on their preferred lanes. With market trend analysis — from the last week all the way to the previous year — shippers can get visibility into demand and capacity to help them make smarter decisions.
Brokers need to know the current market for truck load rates to do their jobs effectively. This is essential to benchmark contracts and spot rates. This data is also critical for ensuring that rates and surcharges are optimized to maintain profit margins. Brokers can also use DAT’s rate data to check RFP bids against the going rates on multiple lanes and historical market patterns in order to verify rates per trip and per mile.
Contact us today to get the most trusted truckload pricing tools in trucking and take the uncertainty out of freight. DAT iQ offers the most historically complete freight rate database, so you can anticipate seasonal trends and make quick pricing decisions.