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Pricing
Consulting

Optimize your profitability and new opportunities with K-Ratio’s advanced pricing strategies.

Growing Your Revenue and Customer Base

Always knowing the optimal freight pricing is instrumental to winning more profitable awards and growing the business.

 

This helps prevent possible future stagnation or even declines.

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Need for Pricing Optimization

Increasing Load Counts: Make sure your prices are attractive to shippers to improve your chances for more customers. 

 

Maximizing Margins: Ensure your prices are high enough to easily cover expenses and improve margins.

 

Removing Undesirables: Recognize when price and cost demands would result in poor financial outcomes.

K-Rate™ Prediction Model:  View tomorrow’s rates…today

Anyone can tell you yesterday’s freight rates while just guessing what it will be tomorrow

 

Our Proposition: K-Ratio delivers today’s rates and future rate probabilities in real-time with exceptionally accurate precision*

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SHIPPER

Minimize transportation cost by evaluating proposed freight rates through a predictive tool

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CARRIER

Increase revenue by moving your truck(s) on the lanes with the best upcoming rates

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BROKERS

Maximize margins by proposing optimal Spot and Contract rates while also offering ideal rates to Carriers

*Higher than 95% accurate based on test runs versus historical data

What is K-Rate™ and how does it work?

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RPM
PREDICTED
ALGORITHM

A proprietary decision-making algorithm designed specifically to predict Rate Per Mile (RPM) for dry and refrigerated OTR freight

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MULTI-VARIATE CODE PROGRAMMING

Engineering code for the algorithm is done at a micro-statistical level of multi-variate programming

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MACHINE-
LEARNING
PROCESS

The algorithm employs an exclusive, multi-criteria, dynamic and adaptive machine-learning process

CUSTOMIZATION TO SPECIFIC NEEDS

Capable of customization to support unique business needs such as particular lane rate predictions

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BASED ON
VARIOUS DATA

Historical, current, and trained data is used to detect and adjust for anomalies (i.e. natural disasters)

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DATA NOISE CANCELLATION

Cancels out data noise and delivers precise pricing based on your specific conditions via
back-testing