123Loadboard Launches Powerful Rate Check Tool to Calculate Freight Rates and Maximize Trucking Profits

123Loadboard Launches Powerful Rate Check Tool

123Loadboard kicks down the door to the new year with the launch of their Rate Check tool, giving brokers, carriers, and shippers the ability to look up and measure the profitability of truck lanes.

“We are all excited to offer a valuable freight rate analysis tool that services both the broker and carrier side at an incredible price point. So far the response by our members has been overwhelming. Members have been signing up at a record pace and this is further testament to the value Rate Check offers.” said Loarn Metzen, VP of 123Loadboard.

“In these tough economic times, it is vital for both carriers and brokers to have as much information as possible to negotiate better prices. Rate Check gives them the ability to have average freight rates in mind prior to getting to the negotiation table.” Continued Loarn.

Rate Check will track critical freight rate data from thousands of truck lanes for all major North American market areas. The new tool from 123Loadboard, which initially launched as BETA in December 2012, comes at the perfect time for freight carriers as the industry looks for a viable advantage during difficult economic conditions. Rate Check breaks down the most profitable truckload lanes by analyzing the average rate per mile, line haul revenue and average fuel cost per trip. Transportation professionals can target where they want to haul freight based on the dollar amount generated by specific routes. This allows them to negotiate better rates to increase their profits.

“None of our competitors offer a freight rate analysis tool at such an incredible value. We take huge pride in listening to the needs of our members and implement tools that our members can benefit from while keeping costs in mind.” said AJ Sansoye, Director of Operations of 123Loadboard.