Dynamic Rate Calculation

CargoWise’s Dynamic Rate Calculation is a significant feature that allows logistics companies to use real-time freight rates, assuring accurate, fast, and competitive pricing. Instead of depending simply on static rate tables, this feature uses real-time data from integrated carrier systems, rate engines, and third-party sources to represent current market movements, fuel surcharges, seasonal tariffs, and promotions.

This functionality is especially valuable in fast-paced logistics operations where rate fluctuation might affect business margins. CargoWise enables organizations to maintain pricing integrity across customer quotations, bookings, and bills by automating rate modifications. It also supports multi-modal shipments and lane-specific pricing, providing increased flexibility. Rate calculation becomes more efficient and scalable as there are fewer human entries and pricing inaccuracies. It enables logistics organizations to provide transparent, competitive pricing to their customers while increasing internal cost management and profitability.