Emerge announced Monday it has upgraded its freight procurement platform with a new solution, Emerge Benchmarking, which accumulates sources of real-time freight data to help shippers evaluate their RFP processes and execute their procurement with better market intelligence.
“Historically, shippers used benchmarking tools to show how they are performing compared to the overall market and to explain to their higher-ups why they are paying 50% more than the previous year,” founder and CEO Andrew Leto told FreightWaves, “although I believe that having a good benchmarking tool is the first step to a successful procurement event.”
