McLeod updates market analysis tool MPact

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McLeod Software has released an updated version of its MPact PRO market analysis tool, designed to give motor carriers and freight brokers deeper insight into rate trends and opportunities to improve profitability.

MPact PRO, accessible through McLeod’s LoadMaster and PowerBroker transportation management systems, thoroughly breaks down truck loading lanes nationwide to provide customers with a more accurate understanding of capacity, volume and pricing landscape.

The updated product allows users to differentiate between spot and contract rates, the Birmingham, Alabama-based software company said in an Aug. 17 announcement.

McLeod customers can also use the software tool to find opportunities to earn more with their existing business by analyzing factors such as type of equipment, source and destination markets, haul length, products , market buy and sell rate segments, trade types, and profits.

Benchmarking features allow users to gain a more comprehensive understanding of the rates they charge against industry rates. — Transportation topics

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