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ShipComm Provides New Breakthrough in Analytics for Industry
March 30, 2009 - Charleston SC: Shippers Commonwealth ("ShipComm"), the leader in collaborative logistics systems, announced its new offering series for freight market and industry analytics for all shippers and carriers. These offerings are available independent of whether the client company has a Transportation Management System (TMS) from ShipComm or a third party.
SHIPMARK Service: ShipMark is the state-of-the-art freight market and benchmarking online service, as first of its kind in the industry. It provides the latest metrics on multi-modal freight costs with actual dispatched (realized) rates, covering all sectors of motor freight (TL & LTL) markets. Unlike lightweight, static, and un-automated programs with paper or quoted rates as attempted by small consulting firms with no TMS installed base, the ShipMark program from ShipComm provides robust and dynamic, real-time freight market metrics, as based upon on its large-scale databases including but not limited to its own collaborative multi-shipper networks.
Building on its long heritage as recognized industry experts and transportation optimization engineers in freight metrics and multi-shipper trading partner networks, ShipComm now leverages its capabilities and large-scale database to the next level with the ShipMark service. The ShipMark service offers shippers and carriers vital benchmarking information on realized or attained freight rates and costs (linehaul and accessorial), as well as Key Performance Indicators such as on-time pickup and delivery, dwell time, carrier acceptance/availability, and other performance and cost KPI’s for the freight marketplace, as never available before for this fragmented industry. This market information can be automatically compared to your data via ShipComm and its ShipMark service to identify opportunities for cost or service improvement in targeted lanes. Shippers and carriers no longer have to "fly bind" in the vast motor freight market to get the vital competitive metrics they need to maximize efficiency and yield, as particularly needed in the current challenging economy.
ShipMark is available as a confidential service now, and will be offered as the industry’s first online freight market information service later this year for initial launch clients. When available market freight rates are identified against your current effective linehaul rates as opportunities for cost reduction using the ShipMark service, clients can also use the ShipBid electronic bid programs for LTL and TL (as also available from ShipComm) to obtain new contract rate quotes from qualified carriers, and compare them to the ShipMark market rates.
Contact us at info@shipcomm.com for further information.
Download ShipComm Analytics Program Brochure
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