Transfix
UnclaimedAI-powered platform for freight brokers and 3PLs to optimize operations and profitability.
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TL;DR - Transfix
- AI-powered TMS for freight brokers and 3PLs.
- Provides accurate rate prediction and RFP management.
- Automates workflows to increase profitability and efficiency.
Pricing: Paid only
Best for: Enterprises & pros
Pros & Cons
Pros
- Significantly improves win rates for freight bids (up to 50-60%)
- Reduces operating costs by automating tasks (e.g., 5 minutes per spot load saved)
- Boosts profit margins by aligning operational strategies (1.5-3% increase)
- Generates highly accurate rates (97-98% on par with market rates)
- Ensures strict data privacy by not aggregating or sharing client data
Cons
- Specific pricing details are not publicly available
- Requires integration with existing systems for full benefit
Key Features
Unified TMS for shipment lifecycle managementAI-driven spot and contract rate predictionRFP workflow automation and collaborationReal-time freight tracking (ELD, app, GPS)Automated shipper invoicing and carrier paymentsCustomizable workflows and task automationComprehensive reporting and predictive analyticsSupport for Dry Van, Reefer, and Flatbed freight
Pricing Plans
Transfix TMS
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- Real-time view of freight operations
- Pricing, planning, execution, and billing in one platform
- Streamlines daily workflows and automates routine tasks
- Quoting and tendering
- Tracking and issue resolution
- AI-driven pricing
- Customizable workflows
Custom Rate Prediction Suite
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- Fast, accurate pricing for spot and contract freight
- Uses your data and market signals
- Generates rates aligned with your cost structure
- Supports Dry Van, Reefer, and Flatbed
- Integrates into your TMS and bid workflows
RFP Workflow
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- Streamline RFPs and contract freight
- Centralized view of RFP portfolio
- Connected to pricing tools
- Collaboration, tracking, and deadline management
- Smart Upload automates messy RFP prep
- Instantly structures freight data from any file type
- Flags issues fast
About Transfix
By Toolradar Team·
Transfix provides an AI-powered logistics platform designed for freight brokers and 3PLs to enhance their freight operations. The core offering is the Transfix TMS, which centralizes the entire shipment lifecycle, including pricing, planning, execution, and billing, into a single connected platform. This allows teams to gain real-time visibility, automate routine tasks, and reduce manual errors, enabling them to focus on high-value decisions and deliver better service at scale.
Beyond the comprehensive TMS, Transfix offers specialized solutions like the Custom Rate Prediction Suite, which uses proprietary data and market signals to generate accurate spot and contract freight rates for dry van, reefer, and flatbed shipments. It also includes an RFP Workflow tool that streamlines the management of contract freight bids, automates data structuring from various file types, and facilitates collaboration. The platform aims to improve buying efficiency, reduce operating costs, boost margins, and provide highly accurate rate generation, all while ensuring client data privacy by not aggregating or sharing insights across companies.
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Transfix FAQ
How does Transfix's Custom Rate Prediction Suite ensure data privacy compared to other costing solutions?
Transfix maintains strict data privacy by not relying on anonymized estimates or aggregating client data. Its AI models are fully tailored to each client's data and cost structure, ensuring that competitive insights remain proprietary and are not inadvertently used to support the broader market or other clients' predictions.
What types of freight are supported by the Custom Rate Prediction Suite?
The Custom Rate Prediction Suite provides accurate pricing for Dry Van, Reefer, and Flatbed freight, accommodating a wide range of transportation needs for brokers and 3PLs.
Can Transfix integrate with existing TMS and bid workflows?
Yes, Transfix is designed to integrate into existing TMS and bid workflows, making it a modular solution that can enhance current operational systems without requiring a complete overhaul.
How does the RFP Workflow feature handle unstructured data from various file types?
The RFP Workflow includes a 'Smart Upload' capability that automates the preparation of messy RFP data. It instantly structures freight data from any file type and quickly flags issues, allowing teams to focus on strategy rather than manual data cleanup.
What specific operational improvements can a brokerage expect from implementing Transfix?
Brokerages can expect to save approximately 5 minutes per spot load and 3-7 seconds per contract lane, achieve a 1.5-3% increase in profit margins, and improve their win rate to 50-60% due to more accurate and efficient pricing.
Source: transfix.io