FACT SHEET
Rate Benchmark
Know where your freight rates stand, every month, without the headache
Get clear visibility into how your contract rates compare to the market month-by-month. Rate Benchmark identifies outliers, risks and potential savings, saving you time, reducing your costs and ensuring peace of mind.
For freight procurement experts, rate visibility is everything, but most logistics teams either lack the time, tools or capacity to constantly monitor their contract rates. This leads to overspending, missed savings and rushed decisions during tenders or carrier negotiations.
Rate Benchmark is the smarter way to stay on top of your freight spend. Get monthly, automated insights that show how your contract rates compare to the market; lane by lane, supplier by supplier. Know where you're overspending, where you're best-in-class, and where action is needed, without lifting a finger. Simple setup. Deep insights. Total control…even without an API.
In freight procurement, rate visibility is everything, but most logistics teams either lack the time, tools or capacity to constantly monitor their contract rates. This leads to overspending, missed savings and rushed decisions during tenders or carrier negotiations.
Rate Benchmark is the smarter way to stay on top of your freight spend. Get monthly, automated insights that show how your contract rates compare to the market; lane by lane, supplier by supplier. Know where you're overspending, where you're best-in-class, and where action is needed, without lifting a finger.
Simple setup. Deep insights. Total control…even without an API.
CHALLENGES
Challenges we solve
Time-consuming rate checks
Manually comparing rates across geographies, suppliers and equipment is nearly impossible. We automate it, and highlight what matters.
Weak leverage during carrier negotiations
When it’s time to renegotiate, missing data equals lost leverage. Rate Benchmark arms your team with clear evidence of market positions.
Missed tender opportunities
Annual tenders based on outdated rates can backfire. We provide deep pre-tender insights to support smarter decisions, corridor by corridor.
Hidden overspend across the network
Without regular insights, costly outliers remain unnoticed, often until it's too late. We bring those lanes to light, automatically.
KEY FEATURES
What makes us uniqe
KEY FEATURE
Easy setup with Excel upload
No API? No problem. Upload contracts in our simple template and get instant benchmarking — including rate duration and spend insights.
KEY FEATURE
Lane-level benchmarking
Get precise insights down to postal code level. Know how each lane performs against the market (low, avg, high).
KEY FEATURE
Total spend overview
See how your actual costs compare to market rates. Identify overall overspend or savings — month by month.
KEY FEATURE
Supplier & country spend breakdown
See where and with whom you’re overpaying. Insights are broken down by supplier and country corridor for targeted action.
CORE BENEFITS
Why choose Rate Benchmark
CORE BENEFIT
Make tactical decisions with confidence
Use data to shift transport between contract and spot intelligently, optimising cost dynamically.
CORE BENEFIT
Stay proactive, not reactive
Catch uncompetitive contracts early, before they become a cost or negotiation problem.
CORE BENEFIT
Save time, focus on action
No more spreadsheets or data crunching. Receive actionable insights monthly.
CORE BENEFIT
Win more from tenders
Enter each tender with full visibility into your current rates, outliers and corridor performance.
CORE BENEFIT
Maximise negotiation power
Bring proof to the table. Use market benchmarks to push for fairer rates and stronger contracts.
RATE BENCHMARK
How it works
© 2025 Trimble Inc.
© 2025 Trimble Inc.