Transfix Partners with DAT Freight & Analytics to Power Data-Driven Pricing Platform

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12/12/2024 - 11:18 AM

Strengthening Data Solutions with Advanced Market Intelligence

NEW YORK--(BUSINESS WIRE)-- Transfix, a next-gen software and data solutions provider for the freight industry, today announced a partnership with DAT Freight & Analytics, which operates both the largest truckload freight marketplace and truckload freight data analytics service in North America.

This partnership will enhance Transfix’s Data Solutions suite, which empowers brokers of all sizes with AI-driven analytics to turn complex data into actionable pricing insights. Featuring a proprietary Custom Cost Modeling tool, the platform provides precise market rate forecasts and data-driven pricing strategies tailored to each broker's specific strengths and goals. With seamless data uploads, brokers can quickly analyze RFPs and lanes, receive automated alerts, and access detailed reports to optimize performance, while continuously evolving to identify new growth opportunities.

“This partnership with DAT is an exciting addition to our Data Solutions offering that brings significant historical and forecasting intelligence,” said Jonathan Salama, CEO and Co-founder of Transfix. “These insights will bolster our suite of custom data products, which help brokers boost win rates, improve efficiency, and increase profit margins.”

Transfix pricing models will integrate with DAT iQ, the industry’s most comprehensive dataset for forecasting and benchmarking spot and contract truckload rates.

“With advanced machine learning, artificial intelligence, and $1 trillion in freight transactions in DAT iQ, brokers can validate that their pricing aligns with current and future market trends,” said Ken Adamo, DAT Chief of Analytics. “This partnership will help Transfix customers benefit from DAT iQ’s analytics capabilities without leaving the Transfix platform.”

Learn more about Transfix’s Data Solutions suite here.

About Transfix
In June 2024, Transfix pivoted its core business to solely focus on powerful software and data solutions for brokers, shippers, and carriers. With over a decade of expertise, innovation, and a deep understanding of the logistics operations of many of the largest businesses in North America, Transfix's expansive SaaS feature suite and data models, powered by AI and automation, are designed to decrease time and costs and to drive a more profitable trucking ecosystem for all.

About DAT Freight & Analytics
DAT Freight & Analytics operates the largest truckload freight marketplace and truckload freight data analytics service in North America. Shippers, transportation brokers, carriers, news organizations, and industry analysts rely on DAT for market trends and data insights based on more than 400 million annual freight matches and a database of $150 billion in annual freight market transactions.

Founded in 1978, DAT is a business unit of Roper Technologies (Nasdaq: ROP), a constituent of the Nasdaq 100, S&P 500, and Fortune 1000. DAT is headquartered in Beaverton, Oregon. For more information, visit DAT.com.