Benchmark Rates

The benchmark rates are available for display on the rating pages and rate shop lists for non-trip loads and loads on trips. The load rating pages displays an additional Benchmark Rates section while the rate shop lists and trip load lists have the following additional columns with each of the benchmark rates:

• Contract Carrier Market Rate
• Spot Carrier Market Rate
• 3PL Carrier Market Rate
• Broker Carrier Market Rate

Note: This information is available only when integration exists with Freight Market Intelligence Consortium (FMIC). See the Transportation Installation Guide for more information on the integration.

The following load attributes influence the selection of benchmark rates from FMIC:

• Trailer Equipment Type
• Service
• Commodity
• Shipment Type
• Origin
• Destination