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Transfix Launches First-of-Its-Kind RFP Workflow Tool to Transform Freight Pricing with Lightning-Fast Accuracy

GlobeNewswire LogoGlobeNewswire2d ago

Transfix Launches First-of-Its-Kind RFP Workflow Tool to Transform Freight Pricing with Lightning-Fast Accuracy - GlobeNewswire

Quick Summary:

"Frankly, this has been a long time coming and we’re excited to share the immediate impact this will bring to market.” A Smarter Way to Win More Freight Brokers managing high-volume RFPs face relentless challenges—manual pricing that takes hours, days, and sometimes weeks to analyze historical data and market rates, lack of centralized tracking resulting in an inability to have reporting and insights, and unpredictable margins that make it impossible to forecast long-term success.

Our Flagship Offering: The Transfix Rate Prediction Suite Our cutting-edge suite integrates millions of data points—including historical company performance, industry trends, and market insights—to deliver a competitive edge in the ever-evolving logistics landscape: Spot Rate Predictor: 50% higher win rates, 97% model accuracy, 3% improved margins.

Brokers and 3PLs can now price lanes in seconds, optimize bids, and safeguard profitabilityNEW YORK, March 31, 2025 (GLOBE NEWSWIRE) -- Transfix, a leader in freight technology, today announced the launch of its RFP Workflow Tool, a game-changing platform designed to streamline contract pricing for freight brokers.

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Article Details

Author / Journalist: Transfix

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-31 @ 17:08:00 (2 days ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 612 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 27490231

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About GlobeNewswire

Main Topics: Technology

Official Website: globenewswire.com

Update Frequency: 90 posts per day

Year Established: 1998

Headquarters: China

News Last Updated: 8 hours ago

Coverage Areas: China

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #116

Publisher Details

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