E-BRIEF – TransCore’s Logistics Software Carrier Pay Rate Calculator Instantly Shows Brokers Exact Profit Ranges for Each Load

PORTLAND, Ore.--(BUSINESS WIRE)--Logistics Software, TransCore’s transportation management software, has added a new tool that lets brokers and 3PL providers quickly determine the impact of proposed carrier rates on their profit goals for each load.

“They can enter the profit they want in the program and calculate the numbers they need to negotiate with carriers. Ultimately the tool helps brokers and 3PLs balance their payments to carriers against the shipper customers’ payment terms to keep their business profitable.”

Logistics Software’s Carrier Pay Rate Calculator allows users to plug in variables and determine profitability instantly. No matter how a carrier bills – flat rate, per mile, hundredweight (CWT), ton, piece or percentage of cost – the interactive calculator displays the exact amount a broker or 3PL provider can pay using the carrier’s terms.

“The Carrier Pay Rate Calculator helps ensure brokers and 3PL providers don’t leave money on the table,” said Steve Blair, general manager, TransCore Transportation Management.

“They can enter the profit they want in the program and calculate the numbers they need to negotiate with carriers. Ultimately the tool helps brokers and 3PLs balance their payments to carriers against the shipper customers’ payment terms to keep their business profitable.”

For more information and to see a demo of Logistics Software Carrier Pay Rate Calculator, visit TransCoreBrokerTMS.com.

TransCore’s Commercial Technology Group is a leading provider of transportation solutions in the United States and Canada serving brokers, carriers, owner-operators and shippers with best-in-class products. Load boards include Loadlink in Canada and 3sixty Freight Match powered by the DAT Network in the United States, which has set the industry standard for the spot freight marketplace since 1978. TransCore’s asset tracking and in-cab communications solutions feature the industry’s fastest response times and state-of-the-art satellite networking. TransCore provides fleet compliance, distribution and intermodal services, automated carrier safety and insurance monitoring, truckload rate indices for contract markets, and the most popular broker logistics software. TransCore is also the largest global manufacturer of transportation-based radio frequency identification (RFID) applications with 37 million RFID tags and 58,000 readers distributed in more than 40 countries throughout the world. TransCore RFID products support the toll, traffic management, fleet, rail, access control, homeland security, and parking markets.