DAT iQ Benchmark - DAT
DAT iQ Benchmark
Do you have visibility into your transportation cost and network performance? How do you compare to the market? The insights you need to make confident business decisions are in DAT iQ Benchmark™.
Understanding performance relative to the market helps pinpoint what drives your business, what holds you back, and where you can improve. DAT iQ Benchmark makes sure you have reliable, unbiased insights to confidently get it done.
A powerful freight intelligence toolkit
DAT iQ Benchmark provides freight intelligence to inform your budget and procurement strategies so you can navigate market volatility with greater confidence and agility.
Efficient root cause analysis
Quickly identify business drivers and optimization opportunities, and dive deeper into with powerful custom data manipulation capabilities.
AI-powered rate engine
An advanced machine learning model delivers optimal rate outputs based on dynamic market factors and daily updates.
Streamline your workflow
Customize your analysis within a user-friendly interface with extensive setting options and interactive, pre-built data visualizations.
Dedicated shipper resources
Expert support through every step of onboarding and data aggregation to ensure your success. Plus, customers get access to exclusive events, networking opportunities, market research, and resources to stay informed on best practices.
DAT iQ Benchmark is built on an advanced AI model trained on $80B of annual transportation spend data to compare your network to hundreds of leading North American shippers and brokers.
Dynamic analysis and actionable insights
High-level performance indicators
Performance at-a-glance designed to allow supply chain leaders to report up to executive stakeholders with ease.
Granular analysis for deep-dives
Analysts can segment and filter data for unique use cases to uncover tactical opportunities to reduce costs, increase service levels, and drive efficiencies.
Smarter & more sustainable procurement
Understand where to prioritize your efforts to drive the greatest impact within your network. Streamline RFP timelines and build stronger long-term partnerships.
Routing guide management
Diagnose and repair broken routing guides to minimize the risk of unplanned spot market exposure.
Strategic planning, execution, and evaluation
Develop flexible budget strategies with an understanding of emerging market trends and underperforming network aspects.
DAT iQ LTL Benchmark
DAT iQ LTL Benchmark offers crucial insights into rate fluctuations in the volatile LTL market. Gain a comprehensive view of your LTL transportation network and rate performance, empowering confident, informed decisions to enhance supply chain operations.
Customers can access advanced reporting, single lane and batch rates, API integration, and monthly LTL rate model refreshes to support a range of functions:
- Executive-level reporting:
Contextualize and justify performance against benchmarks with leadership teams.
- Tactical reporting:
Support day-to-day operations and budget management.
- Deep-dive root-cause analysis:
Quickly identify business drivers and optimization opportunities.
- Reliable insights:
Advanced machine learning drives modeled rates for more robust insights.
- Exclusive resources:
Stay informed with exclusive reports and monthly round table discussions.
DAT iQ Benchmark for Brokers
Compare your revenue with the overall market to assess not just your costs and profits – but also your potential profits.
Get unparalleled performance insights
Real market analytics based on transactions by your peers.
See accurate carrier and regional assessments
See which carriers had the most competitive prices by lane and regions
Plan strategically
Unique modeling processes replicate your carrier pricing
Optimize your operations
See where costs and margins might be misaligned with the overall market.
Customer Benefits
DAT iQ Benchmark customers have access to exclusive benefits like the monthly Shipper Roundtable, bi-weekly market updates, and the DAT iQ Signal Report. A customer favorite, the DAT iQ Signal Report gives transportation professionals an overview of the state of freight to better plan ahead and assess how their operations compare to the overall marketplace. The report includes:
Rate forecasts
Spot and contract rate indices
Inflation trends
In-depth analysis from freight market experts
A few things you might be asking yourself
How does DAT collect the data used in DAT iQ Benchmark?
Hundreds of North American shippers and brokers representing over $80B in annual transportation spend use DAT iQ Benchmark to compare their costs. In order to benchmark their performance, they contribute data directly to DAT, which is verified to ensure accuracy and reliability.
Who uses DAT iQ Benchmark?
Brokers and shippers of all sizes across all industries: Food and beverage, manufacturing, construction, automobile, consumer products, and everything in between.
Can freight brokers use DAT iQ Benchmark?
Yes! There’s a package built specifically for brokerages and 3PLs looking to measure the performance of their agents against the broader market, so that they can uncover areas of profit potential.