RateWare® XL Supports TMS Functionality
Technology providers simplify LTL shipment pricing and transportation analysis
There are more than 3 million LTL shipments in the United States each week, and the rating engine RateWare XL can rate them all in less than 10 minutes. RateWare® XL supports TMS functionality – planning, optimization, execution – by enabling customers to quickly manage and optimize LTL and small-package rating complexity and logic.
Utilizing SMC³’s pricing science, RateWare® XL:
- Provides a single integration point to allow access to thousands of tariffs for management of individual shipper or LSP LTL rating needs
- Allows fast and accurate calculation of density and class-based LTL rates from one base rate or multiple tariffs (more than 4,000 to select from) for use in the transportation management system
- Returns pricing information for UPS and FedEx parcel shipments
- API layer versioning and currency support is available with RateWare XL 2.0
When combined with CarrierConnect® XL, RateWare® XL integrates carrier-specific rates with points of service and transit times to provide a holistic view of LTL pricing, transit times and carrier services.