Transite marketing new “best-rate” system

Transite marketing new “best-rate” system

Transite marketing new “best-rate” system

   Transportation management software company Transite said this week it is starting a new service that aggregates the best rates from a selection of third-party logistics providers, allowing 'brokers and shippers to easily access these rates for real-time shipments.'
   The program, My Freight Rates, collects rates from participating 3PLs. When a broker or shipper needs a price, they access the program and receive the lowest per shipment charges culled from the 3PLs.
   'This delivers the absolute lowest rates to brokers and shippers while driving revenue for our 3PL partners,' said Geoff Comrie, chief executive officer of Transite.
   The company said a proprietary technology it has developed allows it to mine all the 3PL data in real-time and then bring up the best prices to the broker or shipper.
   '3PLs have another source of revenue, and brokers and shippers get low prices in a simple, easy manner,' Comrie said. 'We have yet to do aggressive marketing but we already have participation from 3PL's such as Access America Transport, Custom Logistics and others.'