Breaking

Rate Intelligence Platform Expands to Include Intermodal Pricing and Mode Conversion Analysis

A freight market intelligence platform has expanded its Rate Intelligence offering to encompass intermodal pricing. The expansion enables shippers, brokers and carriers to evaluate mode conversion opportunities across major lanes.

The new feature allows users to compare intermodal contract and spot rates directly against van pricing on the same corridors. Users can calculate potential savings from converting truckload freight to intermodal, including per-load and total lane savings estimates.

On the Chicago-to-Elizabeth, New Jersey corridor, intermodal contract rates run 21.1% below van contract pricing, translating to approximately $593 savings per load. The platform identifies in-gate and out-gate ramps with distance calculations from origin and destination points.

The tool displays intermodal and van pricing metrics including rate per mile, flat rates and fuel surcharges. Historical rate and volume trends over 12 months are available, along with year-over-year and month-over-month comparisons. Users can input custom rates and annual volumes to personalize conversion savings calculations.