CHICAGO and PORTLAND, Ore., June 6, 2017 /PRNewswire/ -- Logistical Labs, a supply chain analytics company, has partnered with DAT Solutions, operator of the largest spot freight marketplace in North America, to provide LoadDex users with more accurate truckload rating data than ever before. DAT RateView is an online database of real-time spot market and current contract freight rates based on billions of dollars' worth of actual transactions.
"The wait is finally over," said Chris Ricciardi, Chief Operating Officer of Logistical Labs. "We're thrilled to announce our partnership with DAT, a market source widely regarded as the 'gold standard' for truckload pricing. This integration not only gives our customers more data to benchmark against; it elevates what they're able to accomplish with our software."
The only supply chain analytics platform of its kind, Logistical Labs' LoadDex is a powerful tool for optimizing transportation across all modes. Shippers and logistics providers rely on LoadDex technology to simplify rating complexity, improve carrier selection, and leverage data to make smarter decisions.
"Logistical Labs and DAT share a common mission of helping our customers gain insights from their supply chain data," said Don Thornton, Senior Vice President of Sales and Marketing at DAT. "Building connectivity with the LoadDex rating engine advances that mission and brings more transparency and operational efficiency to carriers, brokers, and shippers alike."
ABOUT LOGISTICAL LABS:
Logistical Labs builds innovative technology for the logistics and supply chain industries. Using LoadDex, Logistical Labs' software-as-a-service analytics platform, users can make better informed pricing and quoting decisions through data-driven insights and social collaboration. Open API access allows users to easily integrate LoadDex into their existing business applications for improved process efficiency. For more information, visit www.logisticallabs.com.
ABOUT DAT SOLUTIONS:
DAT operates the largest spot freight marketplace in North America. Transportation brokers, carriers, news organizations and industry analysts rely on DAT for market trends and data insights derived from 100M annual freight matches and a database of $33b of market transactions. Related services include a comprehensive directory of companies with business history, credit, safety, insurance and company reviews; broker transportation management software; authority, fuel tax, mileage, vehicle licensing, and registration services; and carrier onboarding.
Founded in 1978, DAT Solutions, LLC is a wholly owned subsidiary of Roper Technologies, a diversified technology company and constituent of the S&P 500, Fortune 1000 and Russell 1000 indices. www.DAT.com
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/logistical-labs-announces-biggest-partnership-in-companys-history-builds-seamless-integration-with-dat-rateview-300467644.html
SOURCE Logistical Labs