Logistics benchmarking can be broadly divided into two groups: transportation rate benchmarking and logistics performance benchmarking of logistics-specific metrics. Transportation rate benchmarking compares transportation rates against the market, whereas logistics performance benchmarking compares logistics performance against other companies by using logistics-specific key performance indicators (KPIs) or metrics. Not all benchmarking service companies supply data for both or offer the same level of coverage and granularity.
Load board software refers to an online platform or system that connects shippers and freight brokers with carriers or trucking companies. The software functions as a dynamic digital marketplace for freight transportation, serving as a pivotal tool for freight brokers, truck owners, shippers, and logistics managers It software offers a real-time posting system, complemented by a mobile application for on-the-go access, enabling users to seamlessly post and search for loads.The software plays a pivotal role in the logistics and transportation industry, facilitating more efficient freight matching and helping to keep trucks loaded and moving.