Chainalytics Rebrands Transportation Benchmarking Consortium

ATLANTA --(BUSINESS WIRE)--Chainalytics LLC, a leading supply chain research, analytics, and advisory firm focused on enabling fact-based supply chain decisions, announced today that it will rebrand its Model-Based Benchmarking Consortium as the Freight Market Intelligence Consortium. The Freight Market Intelligence Consortium better reflects the function and value of the services provided in light of several recent innovations to the supply chain intelligence offering.

“Our focus is evolving as transportation buyers face increasing amounts of uncertainty in both market dynamics and operational practices”

In 2003, Chainalytics launched a model-based benchmarking consortium to analyze and benchmark freight rates in the truckload market. Today, Chainalytics produces more than 90 freight benchmarking models per year -- spanning the truckload, intermodal, less-than-truckload, and global ocean container markets -- with plans to introduce services supporting heavyweight air freight in 2012. Across all modes, Chainalytics analyzes more than 23 million shipments, totaling $26 billion in transportation spend and representing 100 consortium member companies from manufacturing, retail, wholesale, and third-party logistics.

In addition to expanding services across modes, Chainalytics has increased the depth of freight market intelligence provided. Beyond freight rate benchmarking, members of Chainalytics’ Freight Market Intelligence Consortium receive policy and portfolio assessments as well as trend reporting and predictive analytics. Chainalytics will also launch the Integrated Freight Marketing Intelligence (iFMI) Server in January 2012 which offers members -- both shippers and 3PLs -- the ability to integrate market intelligence and predictive models into a wide range of enterprise systems.

“Chainalytics' model-based benchmarking services have proved quite insightful over the years, and we have adopted these learnings into our operational planning and decisions,” said Farhan Khan, Manager of Logistics Services at Nestlé USA. “We expect that Chainalytics will continue to use its deep skills in data-mining and analysis to drive further innovation in this area. These efforts help advance our shipper community's understanding of transportation complexities and allow for better decisions.”

“Our focus is evolving as transportation buyers face increasing amounts of uncertainty in both market dynamics and operational practices,” said Matthew Harding, Principal in Chainalytics’ Transportation Practice. “We are dedicated to ‘speed to insight’ and understanding the complex characterization of shipper identity in the market. Members of Chainalytics’ Freight Market Intelligence Consortium receive more than just a benchmark rate for a lane; they receive sophisticated research, integrated technologies, timely market intelligence, and tremendous confidence in their decisions.”

About Chainalytics

Chainalytics is a professional services firm that enhances competitive advantage and shareholder value through optimized supply chain strategies. Using a fact-based decision making approach, Chainalytics accelerates and improves supply chain performance. Chainalytics offers both project-based and managed services using a unique combination of domain expertise, resilient methodologies, and exclusive research and content — all supported by the world’s most advanced decision sciences tools and techniques. Chainalytics targets enterprises with a high degree of complexity created by their unique combination of scale, variability, and geography. With locations in North America and Asia, Chainalytics serves companies globally in a borderless fashion. To learn more, visit www.chainalytics.com.