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FairTran® Basics
FairTran® is a
"Patent Pending" information broadcasting portal devoted to
transportation industry professionals who feel like they need up-to-date
information in order to stay competitive and profitable in the market.
As industry related prices fluctuate from day to day, the rates for freight
fluctuate as well. FairTran® puts
a hard figure in an index format for these rates after updating current
costs. This allows owner-operators, brokers, and industry analysts the
ability to negotiate rates and offer comparative analysis to real-time market
rates.
You need to be able to figure costs per mile to see if you are making a
profit. However, some costs frequently change. FairTran®
helps you by continually updating those costs and sending you the new results.
How it Works
The Market
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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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