That load board has the lowest average rates listed of any load board I frequent. So, I got rid of it…
Also, did you know that you can help drive the “average” rate up by offering high rates just so they will be rejected? The software systems that these 3pls, shippers, carriers, etc… use are all tied together so DAT, ITS, and other TMSs, can see the data.
For example, if the data starts showing that rates are being rejected for being too high in the bidding, it will move the average rate up. That’s how brokers get it to stay down so low all the time, they constantly put in trash rates that screw with the algorithm…whether they know they’re doing it or not.
My point being that you cannot trust any rates you see…they are ALL negotiable…that’s the point of the spot market. Rates are just now starting to trend back up on the boards. I would suggest that anyone with access to multiple companies load boards start offering high rates for lanes you run so they’ll be rejected and the average will start moving up.
