My Freight Rates, aggregates the best rates from numerous 3PLs and enables brokers and shippers to easily obtain pricing for real-time shipments. When a broker or shipper needs a rate, they access My Freight Rates and are delivered the lowest per transaction rates culled from the 3PLs. Transite developed new “AggreRater” technology to mine all of the 3PL data in real-time and then surface least-cost pricing to the broker or shipper. My Freight Rates dovetails with Transite’s My Freight Portal-Shipper transportation management offering.

My Freight Rates: Benefits to Transportation Ecosystem

Transite’s My Freight Rates service brings revenue and process improvement benefits to 3PSs, Brokers and Shippers.

• 3PLs: increase revenue as they take advantage of another channel to market their carrier rates to shippers and brokers.
• Brokers: make money and build customer loyalty by easily getting multiple competitive prices to the shipper. Equally important is that the combined usage of My Freight Portal-Carrier brings immediate process improvements.
• Shippers: quickly access low, competitive prices online through a single transportation management process.