Freight Rates

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Freight Rates Issues and Challenges
Managing ocean and air shipments in a global environment is always challenging and with fluctuating fuel costs, international transportation budgets are under constant pressure. International shipping has always been an expensive proposition and now it is critical to leverage accurate, real-time rating, routing and carrier information so you can streamline the flow of your shipment execution and maximize margins.

Companies are consistently challenged with changing air and ocean rates due to carrier surcharges and general rate increases (GRIs). These changes are dynamic by shipping lane, carrier and other factors that can dominate a transportation staff's time. In addition to the rates, the complexity of surcharges and accessorials makes it difficult to calculate a complete final cost for an international shipment.

freight rate optimization

How Amber Road Can Help
Amber Road's Global Knowledge® enables effective carrier rate management, calculation and carrier contract management, resulting in improved route selections, carrier selections and international freight rate audit accuracy. In addition, each rate is linked to applicable accessorials, including fuel and security surcharges, to calculate an accurate and full bottom-line total shipment cost. Amber Road also supports pick-up and delivery add-on rates and accessorials to calculate total shipment costs from door-to-door.
Features Benefits

Rate Management

 ▪ Use one centralized system to access up-to-date airfreight and ocean rate and service information including contracted rates, tariff rates, rate agreements, internal sell rates and spot rates

Rate Calculation and Comparison

 ▪ Retrieve and compare rates across weight tiers, ULD types, carriers and services
▪ Identify rates for a shipment with multiple units of differing dimensions and weights or ULD types
▪ Calculate full bottom-line ocean and air shipment costs that include all applicable accessorials to accurately compare alternative services by provider, point pair, commodity, hazardous designation, flight and date
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