DrayMaster: Top 5 Rate Management Features for Truckers and Brokers

Joseph Cotten — Tue, 23 Aug 2022 15:46:50 +0000

Given the challenges inherent to today’s supply chain, every player — from trucking companies to brokers — needs every advantage they can get. That is especially true when it comes to drayage rate management imperatives like finding rate information, responding to RFQs and making connections between shippers and carriers.

Envase created DrayMaster to provide a powerful tool, both for brokers and trucking companies, to move more quickly and decisively – and with the best information in hand – in response to such imperatives.

One of the challenges of such a multifaceted rate management product, is that it takes time to get to know everything it can do to help — and no one in the drayage space has time to waste these days. So we thought it would be useful to offer a quick primer on DrayMaster, and on what can be expected from it, both for truckers and for brokers.

For truckers, the following tools bring exceptional value:

1. Rate analyzer

Whether the trucker is invited by a customer or enters the system on his or her own, rate analyzer analyzes and cleans up rates while filling in points that may be missing to produce a complete, digitized rate tariff.

2. Web Connect

This tool allows truckers to send rates to customers through an embedded link – either on their web sites or through a link in their e-mail signatures – which the customer can access 24/7.

3. RFQ Connect

Similar to Web Connect but in reverse, truckers can receive RFQs via a link to a web site or in an e-mail signature.

4. Help with managing FCL rates.

Many truckers are still managing their rates with Excel spreadsheets. This allows them to manage rates for every customer using DrayMaster.

5. Automation of fuel surcharges

DrayMaster has a connection directly to the U.S. Department of Energy, which allows users to automatically update their surcharge rates in concert with the average price of fuel.

Draymaster for Truckers

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For brokers, some of the top features include:

1. Instant rate return

By entering the parameters of Point A and Point B, brokers can receive an instant return of rates for requested routes.

2. Bid tool

When brokers need to send out large RFQs, this tool allows them to receive multiple rates, even from the same trucker, without needing any communication with them. This saves brokers the trouble of emailing and calling carriers in the quest for rates and availability.

3. Sell rate tool

By pulling together the rates of multiple truckers at the same time, DrayMaster can logically analyze that information, automating rates to send back to customers.

4. TMS tie-in

DrayMaster can tie into any TMS, which saves users the trouble of a separate implementation or having to jump back and forth between multiple platforms. And if a broker doesn’t have a TMS, Envase has its own and can get the broker set up to use it.

5. Lowering invoice discrepancies

DrayMaster can have carriers list all their known charges up front, which helps ensure that the ultimate invoice is what was actually quoted.

Draymaster for Brokers

Less uncertainty…more transparency. Improve accuracy and increase efficiency. Connect to the single source for complete drayage rates and coordinated quoting.