Want to know how much brokers have been paying on the lanes you're searching? That’s where Getloaded’s Rate Index comes in.
What Is Rate Index
When you click on the load to see the details, scroll down to see the Rate Index. This tells you the average rate for loads on that lane in the past 90 days.
- Avg. Rate – This is the typical linehaul rate paid to carriers on that lane in the past 90 days. This rate does not include fuel surcharges. Add the fuel surcharge to the linehaul rate to get the total rate. In the example above, the average all-in rate paid to carriers was $2.05/mile, or $1.80 + $0.25.
- Range – The lowest and highest rates paid on this lane in the past 90 days
- Accessorial – Based on the national average
- Fuel Surcharge – Also based on the national average. Add this to the average rate to get an idea of what a typical all-in rate would be on this lane.
The rates are more accurate than ever, based on real business transactions between carriers and brokers from the past 90 days – not contracts that might have been signed a year ago. The linehaul rates you see in the load board right now might be higher or lower on some lanes than what you saw before. That's because these numbers do a better job of showing what’s happening on that lane right now.
We’ve also added a new tool that makes it easy to research rates, so you’ll know which lanes are hot and which are not. Just click the “Rate Index” button at the bottom of the screen.
That will open the Rate Index Lookup, which lets you search lanes for rates the same way you would for loads.
If you already have a Trucker Elite subscription, then you’re already getting these new tools for free. To upgrade your membership and get Rate Index, call us at 888.565.3921.