Freight Intelligence Card of the Month |

Wasteland

Get Rid of Cancerous Freight Living Inside Your Portfolio

Welcome to our next card of the month, featuring K-Ratio Freight Intelligence Dashboards, a data reporting and visual analytics tool for Carriers, Shippers, and 3PLs.
 

Today’s card is called ‘Wastleland’, as it shows a brokerage’s negative margin freight.
 

Our date filters are again located up top, allowing any selection of month or year We can even select several months simultaneously, if for example you wanted to slice the card’s data by a specific quarter.
 

Then, the maps show us bubbles of negative margin freight. The top map shows Origin locations, while the bottom shows Destinations.
 

Every Detail at Your Fingertips
Hovering over a bubble gives us more details such as the total dollar loss amount, as well as the number of negative margin loads outbound or inbound from a location.
 

We can even click on these bubbles and watch as the bar graph responds by filtering the data down to that selected location.
 

Here we can see what customers in our portfolio are driving the negative margin freight in any location.
 

Now we can start to ask questions and get fast insights. Such as in this case, the negative freightis tied to one customer as opposed to being spread across many.
 

This could be a bad quote with the customer, or this relationship could simply be a strategic loss leader.
 

If the negative freight was spread across several accounts, we might question the quality or size of our carrier network in this location.
 

Find Answers With Real Time Data
Finally, in our reference table below, we can view in real time the actual order information from your TMS platform.
 

Here we can sort by loss amount, and immediately spot anomalies we weren’t even looking for. As shown in the example video, a billing error is spotted by it’s comparably massive loss amount on what should be an Contract customer (as we have the RFP slicer selected in bottom right).
 

Visual and real time data will have you making smarter decisions and finding solutions faster.
 

With K-Ratio Freight Intelligence dashboards, you’ll no longer need to wait until the end of the month or quarter to get your reports. These cards are  automated into your lap and available throughout the day for all of  your departments.
 

For more information on K-Ratio’s Freight Intelligence dashboards, contact us to request your demo for Freight Intelligence today.

K-Ratio_Horizontal Logo_White.png

Address: 4809 N Ravenswood | Chicago, Illinois 60640
Phone Number: 312.736.2600
Email: info@k-ratio.com

Copyright ©  K-Ratio

Information included in this website, including research reports or explanatory/background studies or papers, as well as RSS content feeds, is provided for informational purposes only and has been obtained from sources K-Ratio Advisory, LLC (K-Ratio) believes are reliable; however, K-Ratio makes no representation or warranty regarding the accuracy or reliability of such information or the suitability or appropriateness of such information for any person.The risk of loss in trading or hedging through commodity futures or options can be substantial. You should therefore carefully consider whether such trading or hedging is suitable for you in light of your financial condition. The high degree of leverage that is often obtainable in commodity futures or options can work against you as well as for you. The use of leverage can lead to large losses as well as gains.Managed futures or options should only be considered after careful review of all material factors, including but not limited to disclosures regarding risks, fees and charges and liquidity. Managed futures or options accounts are subject to charges for management and advisory fees. It may be necessary for such accounts to produce substantial trading profits to avoid depletion or exhaustion of assets.This brief statement cannot identify all of the risks and other material aspects of the futures markets. Neither CFTC nor NFA has passed upon the merits of participating in any program offered by K-Ratio or on the adequacy or accuracy of information contained in this website.PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. THE POTENTIAL FOR PROFIT IS ACCOMPANIED BY THE RISK OF LOSS.