Technology news and briefs for the week of Aug. 14, 2022:
Trucking software provider McLeod Software has expanded its MPact market analysis tool.
The company has released MPact PRO, which extracts elements from only the data on loads that have actually moved, breaking down nationwide truckload lanes in great depth so customers can create a detailed picture of capacity and volume in markets and evaluate the rate landscape.
McLeod aims to help customers save money and obtain the freight they want with insight provided by the new features of MPact PRO.
MPact PRO now allows customers to discriminate between spot and contract rates. Whether customers need to know how rates change over time using rate trends, or how rates are distributed through time using rate analysis, they can see how important contract rates are or aren’t to a given market lane.
It also measures bounty, defined as profit relinquished by a carrier or broker, based on their specific profit targets or based on the market at large, allowing them to earn more money with the business they already have, dissecting by equipment type, origin market, destination market, length of haul, commodity, market buy rate segment, market sell rate segment and transaction type and profit.
