SMC3, which provides transportation data services and technology tools, has updated the data within its CzarLite family of products. CzarLite is an LTL base rate and benchmarking system for shipments within and between the United States, Canada, and Mexico. The supplier's update process guarantees that the product effectively represents regional pricing benchmarks.
Unlike an individual carrier's base pricing system, CzarLite's aggregated model offers a market- based price list derived from studies of LTL pricing on an industrywide basis. This system for developing base information supports the macroeconomic issues of LTL carriers without yielding to the micro operating and marketing issues of any individual carrier.
The CzarLite pricing system is the basis for thousands of LTL contracts, and CzarLite pricing products are licensed to hundreds of carriers. Shippers of all sizes utilize CzarLite information to make informed LTL decisions, according to the vendor.
The new CzarLite product update also reflects the overall economic impact of rising expenses to transport freight, as well as recent changes within the U.S. Postal Service's ZIP-code system and changes in the Canadian and Mexican postal code systems.
Company: SMC3
Company Phone: (800) 845-8090
Company URL: www.smc3.com
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