Benchmarking

Market rate benchmarking — lane-specific, time-stamped.

Compare your contracted and spot rates to the live market on every major lane — by mode, equipment type, and HS chapter — with point-in-time accuracy.

Short answer

Market rate benchmarking in LIT shows live and historical freight rates by lane, mode, equipment, and HS chapter. Rates are time-stamped, sourced from carrier and forwarder filings, and exportable for procurement reviews.

The problem

Carrier rate cards don't tell you what others are paying. Rate indices like Drewry or Freightos give a global average but miss your specific lane and equipment.

How LIT solves it

LIT pulls rate signals from BOL declared values, carrier filings, and forwarder partner data — then normalizes to a per-lane, per-mode, per-equipment benchmark.

Capabilities

What's in the box.

Per-lane benchmarks

Live and trailing-12m rate ranges for every major US-inbound lane.

Mode + equipment splits

FCL/LCL, 20/40/40HC, reefer, air, separately benchmarked.

Historical context

Compare today's rate to 30/90/180/365 days ago for trend.

Procurement-ready exports

PDF + CSV reports with sourcing methodology footnotes.

Who it's for

Built around the team using it.

  • Procurement teams renegotiating annual contracts.
  • Freight forwarders benchmarking their quote desk.
  • BCO supply chain teams validating quoted spot rates.
FAQs

Common questions.

How are rates sourced?

Declared BOL values, carrier filings, and aggregated forwarder partner data — all normalized and de-duplicated. Methodology is published per benchmark.

Can I export to a spreadsheet?

Yes — both CSV and a PDF report formatted for procurement review.

See it on your real data

Book a 30-minute demo.

We'll pull this exact view up against your top 5 target accounts so you can see the signal on lanes you actually sell into.

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