We are happy to introduce an entirely new module for PowerBroker™ that brings a complete set of LTL brokerage capabilities into the system.
PowerBroker LTL includes the ability to give your customers LTL rating, quotes, and ordering through the system you know, and makes those capabilities available through your customer internet portal.
In fact, the customer portal allows you to give your customers choices and options, so they can get a quote, place an order, or create a quote to potentially place an order later.
LTL orders in PowerBroker allow the creation of multiple line items with different classes of freight, all on a single order. The LTL order includes all of the information such as class, weight, and commodity that are required for LTL rating, plus the LTL specific assessorial requirements that are needed to determine rates.
Users of the new PowerBroker LTL module can take advantage of full integration with the SMC3 published rates via the RatewareXL interface by purchasing the LTL Rating interface and the subscription services from SMC3.
One of the most important issues for brokerage LTL is the management of contracted carrier discounts, and controlling mark up of these rates for customers. PowerBroker’s LTL Module lets you identify your contract carriers by service area, and the mark ups you need to quote for carrier for each customer. You can further differentiate the tariff and mark up by location, by lane, or by class of freight specifically for each customer with unit rate breaks by weight, volume, class, or mileage.
For users of PowerBroker’s EDI for Logistics module, the tendering of your LTL orders to the right LTL carrier is handled within PowerBroker, typically via automated EDI. Status updates from the carrier come back via EDI and are available for your customer via your web portal. You still have the ability to manually consolidate multiple LTL orders as partial shipments on a single truckload order, when that makes sense and can work to improve your margins.