Freight markets move fast. Your strategy should move faster. Gain real-time visibility with rate benchmarking to optimize spend, reduce risk, and stay in control.
From pandemics to port strikes, Red Sea diversions to tariff shifts, global trade has been hit with consistent uncertainty. Without accurate benchmarking, you risk locking in rates that don’t reflect actual market trends. Our data gives you the leverage to negotiate with confidence – backed by real-time, transaction-based insights.
Know exactly where you stand. Compare your rates to the market across multiple lanes – and understand whether they’re competitive based on fresh data, not gut instinct.
Walk in with leverage. Use real-time benchmarks to validate your position and push for fair, competitive pricing in every negotiation.
Freight procurement moves fast, and waiting on manual rate checks slow you down – and drive up costs. Instantly compare rates and make data-driven decisions, on the spot.
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What makes Freightos Terminal’s benchmarking different from other tools?
Unlike traditional data providers that rely on voluntary data submissions – often incomplete, averaged, and potentially skewed to favor the submitter – Freightos Terminal sources its data directly from transactional procurement and booking systems. This ensures that every rate you see is based on real bookings, not estimates or selective reporting. Because our data is tied to actual transactions, it’s inherently accurate, up to date, and free from bias. While others offer a filtered view, Freightos delivers the full picture – providing rate benchmarks you can actually rely on, representative and comparable.
Can I compare my specific contract rates to the market?
Yes! Simply upload your contracted rates, and Freightos Terminal will automatically compare them to live market benchmarks. You can also filter by trade lane to get the insights that matter most to your business.
How often is the data updated?
Freightos Terminal provides daily rate updates, ensuring you always have access to fresh, real-time pricing insights to make informed procurement decisions.
Can I export my benchmarking data for internal reporting?
Absolutely. Freightos Terminal lets you export reports so you can easily share insights with stakeholders, finance teams, and procurement decision-makers – helping everyone stay aligned on freight costs and strategy.