Effective May 1, Transite Technology Extends Industry’s First Aggregated 3PL Rate Service to Brokers and Shippers

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“My Freight Rates” service enables access to the lowest rates from multiple parties from a single source while serving as a powerful marketing channel for 3PLs.

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We feel this is a unique, tremendous benefit to the industry as our customers and others throughout the industry can have instant access to the lowest rates provided by our participating 3PLs

On May 1, 2009 Transite Technology, a leading provider of transportation management solutions, technologies and services, will offer access to its ground-breaking new service, My Freight Rates, which aggregates the best rates from numerous 3PLs and enables brokers and shippers to easily access these rates for real-time shipments.

“We feel this is a unique, tremendous benefit to the industry as our customers and others throughout the industry can have instant access to the lowest rates provided by our participating 3PLs,” said Geoff Comrie, CEO of Transite. “And, our participating 3PLs now have another source of revenue and marketing channel.”

My Freight Rates aggregates rates from any available 3PL. When a broker or shipper needs a price, they access My Freight Rates which delivers the lowest per shipment charges culled from the 3PLs. Transite developed a new “AggreRater” technology to mine all the 3PL data in real-time and then surface the least-cost prices to the broker or shipper. These rates can be used directly within Transite’s transportation management system, My Freight Portal, or easily within any other system via web services.

Shippers, brokers and 3PLs should contact Transite directly for more information: sales(at)transite.com.

About Transite Technology
Since 2002, Transite’s solutions, technologies and services have enabled America’s best run 3PLs, brokers, shippers and carriers to streamline processes and increase profits. Transite enables these parties to automate and manage LTL, TL, small package, ocean, and air shipments. Our products range from complete solutions to technologies used by other TMS and ERP vendors to provide best-of-breed functionality. Transite’s solutions are hosted or purchased, flexible, quick to implement, and cost-effective. http://www.transite.com

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Les Hamashima
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