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The Market
Supply and demand is a factor when it comes to freight rates in
the market. However, the transportation market does not always drive the
costs associated with operating a truck. FairTran®
takes the "Supply and Demand" factor out of the equation and bases the rate
index off of current costs and industry accepted research.
The advantage of the FairTran® Rate
Index is that you can now compare current market rates with what the rate
"should be" in relation to the actual costs associated with operating a truck.
Each carrier is different, however, and will have a different set of costs
associated with its operations. That is why we offer carriers the ability
to create a customized account that will take advantage of our "Patent Pending"
algorithm to calculate a Customized FairTran®
Rate specific to that carrier.
The Basics
How it Works
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$1.74 per mile
This is the current National FairTran Value for the week of 5/15/2012 for Long Haul Van rates.
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