LogisticsNow launches benchmark platform for road freight rates

LogisticsNow, an intelligence platform has launched 'LoRRIBenchmark' a benchmark platform for road transport contracts.

The platform is built with a focus on full truckload (FTL) freight for medium and long haul lanes.

“The platform was designed after observing an industry need for freight benchmarking focused on contracted freight, which could help create win-win outcomes for manufacturers and Logistics Service Providers (LSPs)/Transporters..” said a statement.


‘LoRRI Benchmark’ is a part of ‘LoRRI’, the neutral logistics intelligence platform which connects the nation, with 20,000 routes, over 80 truck-types, and more than 650 transporters, spanning freight spends of over Rs 10,000 crore.