CzarLite Tariff
Designed by SMC³, a less-than-truckload (LTL) data and solutions provider, the CzarLite rating system’s primary function is to provide a neutral, standardized platform to calculate the cost of shipping goods by truck. This allows users to quickly determine the costs associated with their shipping based on the market rate to make informed decisions.
This industry-standard tariff operates independently of any specific trucking company. It offers an up-to-date and accurate base rate reflecting current market conditions. The calculation is done by considering several factors in its pricing formulas, including the weight and classification of the shipment, distance traveled, and any additional services required.
By allowing shippers to gain visibility into the true costs of freight transportation, the CzarLite Tariff assists the negotiation process by leveling the playing field between shippers and carriers. Using a base rate necessitates a negotiation process, which helps to promote fair and informed discussions within the transportation industry.
The technology is currently utilized widely in North America. According to SMC³, CzarLite has supported thousands of shippers, carriers, and logistics service providers in their pricing agreements. This is equivalent to billions of dollars in transportation costs.
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