Loadsmart has launched a new mode optimization capability to offer multiple instantly bookable rates for a single full truckload (FTL) shipment. Backed by data and analytics, the update provides the necessary information for shippers to select cost-effective and environmentally sustainable modes for FTL shipments.
Loadsmart’s new feature goes beyond the confines of mode and load type to identify which shipments are best suited for rail and which rail routes are flexible enough to allow shipments to reach the final destination.
Loadmart’s algorithms recognized 30% of all FTL shipments qualified as suitable for rail. Rather than having to seek multiple quotes for FTL and rail options, Loadsmart provides the data and intelligence necessary to instantly compare options and make the best decision with no additional rate discovery. This has the potential to reduce both costs and carbon emissions as one intermodal train (on average 140 rail cars) is capable of hauling approximately 280 truckloads of freight.
