ShipperGuide offers a benchmarking feature to compare carriers’ proposals with the live market, short-term contracts, and target rates to help determine the fairest pricing for your transportation needs in a competitive market.

To view benchmark rates:

1. On your left dashboard, click RFP Guide.

2. On your bid status dashboard, navigate to bids and click on the RFP.

3. Click a lane to expand the Routing Guide panel.

Under Benchmark, your Target Rate, Live Market Rate, Short-Term Contract, and benchmark scale will be displayed. 

The Live Market Rate and Short-Term Contract rates match the fuel type on the RFP for benchmark rates to accurately compare with carriers’ proposals.

• With Fuel - linehaul + FSC. The FSC calculations are based on your RFP Guide setting’s fuel surcharge per mile rate.
• Without Fuel - linehaul only

Click Show More to expand the section:

• Click Edit to update your Target Rate. 
• Click Update to refresh the Live Market Rate.
• Click Update to refresh the Short-Term Contract Rate.

Important: The live market and short-term contract only support US lanes.