Overview
RateIQ
The RateIQ Lightning Web Component (LWC) allows for blended Carrier rate estimates using internal load history and third-party rate data. The RateIQ LWC is found on the packaged lightning record load page layout between the Financial Summary and Lane Conditions LWCs.
Supported Data Sources:
TMS (internal data)
DAT
LaneIQ Network
FreightWaves
Truckstop – Posted
Truckstop – Paid
Custom Source
Set up RateIQ under TMS Admin → Rate Calculations. See the RateIQ Calculation Rules LWC article for more information.
RateIQ is mode-specific and does Lane-matching to select the best-matched rate calculation based on Match Priority.
Loads that contain multiple Stops for the same Account location send information to partner data sources. The first Pickup and final Delivery stops are sent. If the partner does not support this functionality, an error is displayed in the RateIQ component. The error message reads, “Carrier spot rates are not available for round trip loads.”
When Rate Calculation Rules are created for each mode (as necessary), the RateIQ LWC displays the Carrier estimates for accurately pricing loads. Example:
There is no active Rate Calculation defined for this load.
If DAT rates are not loading into Revenova for mode type Reefer, there is no active Rate Calculation defined for the load’s Mode.
Confirm there is a Rate Calculation record for the Mode referenced on the load. Confirm the Rate Calculation is set to Active.
Navigate to TMS Admin, RateIQ Calculations.
If a RateIQ Calculation does not exist for the load, one must be created.
If a RateIQ Calculation does exist for the load, it may need to be activated with the Active checkbox.