Routing Guide Premium measures the percentage increase in base transportation cost for subsequent tenders compared to the initial tender rate as a load progresses through a shipper’s routing guide.
The data is divided into two datasets:
Shippers: Understand the additional transportation costs associated with freight moving beyond the first tender.
Brokers: Evaluate routing guide performance and identify opportunities to improve carrier coverage.
Carriers: Gain insight into how transportation costs change as freight progresses through the routing guide.
Routing Guide Premium helps quantify the additional costs associated with freight that is not secured at the initial tender rate.
Higher premiums indicate that freight becomes more expensive as it progresses through the routing guide, potentially signaling tighter capacity, carrier pricing differences, or routing guide inefficiencies.
Monitoring these premiums can help identify opportunities to improve routing guide strategies, strengthen carrier relationships, and manage transportation costs.
How Routing Guide Premium, Acceptance Share and Contract Rate Change Direction Datasets Work Together
While each dataset measures a different aspect of freight procurement and pricing, combining them provides a broader view of transportation market conditions.
Together, these datasets help shippers, brokers, and carriers better understand carrier acceptance patterns, routing guide costs, and contract pricing trends to support more informed transportation decisions.
