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The Internet Truckstop Introduces RateMate.


NEW PLYMOUTH, Idaho New Plymouth is a city in Payette County, Idaho, United States. The population was 1,400 at the 2000 census. It was incorporated on February 15, 1896. New Plymouth is the first planned community west of the Mississippi.  -- The Internet Truckstop announced to its freight broker customers today the introduction of a spot market rate index called RateMate. RateMate provides a daily accumulation of U.S. and Canadian lane rate information and paid freight rate Noun 1. freight rate - the charge for transporting something by common carrier; "we pay the freight"; "the freight rate is usually cheaper"
freightage, freight
 information submitted by Internet Truckstop customers. It has accumulated ac·cu·mu·late  
v. ac·cu·mu·lat·ed, ac·cu·mu·lat·ing, ac·cu·mu·lates

v.tr.
To gather or pile up; amass. See Synonyms at gather.

v.intr.
To mount up; increase.
 close to one million rate submissions and receives between 2500 and 5000 new rates every day. These rates are displayed as rates received in the last 7 days, 15 days, 30 days, 90 days and over the past 12 months. These rates are then trended out beginning in January of 2005 so that subscribers can see the rate trends on a month over month basis. Rates are accumulated for Dry Van, Refrigerated re·frig·er·ate  
tr.v. re·frig·er·at·ed, re·frig·er·at·ing, re·frig·er·ates
1. To cool or chill (a substance).

2. To preserve (food) by chilling.
, Flat Bed and Specialized spe·cial·ize  
v. spe·cial·ized, spe·cial·iz·ing, spe·cial·iz·es

v.intr.
1. To pursue a special activity, occupation, or field of study.

2.
 equipment. "We are extremely excited about providing this much needed tool for the industry. Our initial pilot with several brokerage companies has shown us that there is nothing else like this on the market," stated Internet Truckstop President Scott Moscrip Scott Moscrip is the owner of Internet Truckstop, and co-owner of Roady's Truck Stops. He is also current mayor of New Plymouth, ID. .

RateMate is designed to be used for gaining confidence in making rate quotes and to see what is happening to rates in the spot market. "We are trending out the rate fluctuations along with showing the average current rate in a lane. Subscribers of RateMate have the ability to calculate what portion of that rate is fuel surcharge An overcharge or additional cost.

A surcharge is an added liability imposed on something that is already due, such as a tax on tax. It also refers to the penalty a court can impose on a fiduciary for breaching a duty.
. I believe users will find that this tool will be invaluable to them when trying to quote rates and calculate transportation costs," said Leigh Foxall, The Internet Truckstop, Director of Marketing.

RateMate is now available to broker subscribers as of September 19th, 2006. The trucking version of RateMate will be out sometime later this year. You can find out more information on RateMate at Truckstop.com.

About Internet Truck Stop

Founded in 1995, The Internet Truckstop(R) is the FIRST and LARGEST freight matching service on the Internet. The Internet Truckstop(R) offers more tools than any other freight matching service available. These easy to use tools, one of the largest freight databases, and a commitment to the transportation industry make The Internet Truckstop(R) the leader in Internet freight matching.
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Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Sep 20, 2006
Words:354
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