
DAT iQ is a comprehensive freight analytics platform that provides actionable insights and data-driven solutions for the transportation industry. It analyzes over $126 billion in freight invoices annually, offering users accurate, up-to-date pricing information, market trends, and predictive analytics to optimize their operations and make informed decisions
Vendor
DAT Solutions
Company Website
DAT iQ is a comprehensive freight analytics platform that provides actionable insights and data-driven solutions for the transportation industry. It analyzes over $126 billion in freight invoices annually, offering users accurate, up-to-date pricing information, market trends, and predictive analytics to optimize their operations and make informed decisions
Key Features
RateView Analytics Provides current and historical freight rate data for informed decision-making
- Up-to-date pricing data based on actual contribution data
- 13-month pricing histories for seasonal trend analysis
- Accurate freight rate forecasts with over 95% accuracy
- Visibility into spot and contract rates across 68,000+ lanes
Network Analytics Offers comprehensive market insights for strategic planning
- Past, present, and future market condition analysis
- Supply and demand metrics and forecasts
- Cost savings opportunity identification
- Tools for building a resilient and diversified carrier portfolio
Analytics Services Customized data solutions to enhance business operations
- One-time or ongoing expert consultations
- Data cleansing and aggregation services
- Integration with existing tech stacks
- Tailored reporting solutions
Benefits
Improved Decision Making Enables data-driven strategies for better business outcomes
- Accurate market insights for pricing and negotiations
- Predictive analytics for anticipating market changes
- Benchmarking capabilities against market performance
Operational Efficiency Streamlines processes and enhances productivity
- Quick access to rate information for faster quoting
- Tools for identifying underperforming aspects of the network
- Capacity sourcing precision to optimize carrier selection
Cost Optimization Helps identify savings opportunities and improve profitability
- Lane-by-lane data analysis for targeted improvements
- Market condition forecasts for strategic planning
- Tools for effective rate negotiations with carriers