Freight Market Intelligence Consortium

Shippers

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The Freight Market Intelligence Consortium (FMIC) for Shippers is a subscription-based benchmarking and market intelligence platform. Shippers participate by providing transaction-level data on a defined cadence, ranging from weekly to annually. Chainalytics then uses advanced analytics and machine learning to develop all-in cost estimates which explain the factors that really matter when buying transportation services.

The benefits of an FMIC subscription

Since Chainalytics’ proprietary benchmarking approach leverages your actual shipment data, we can provide very detailed reports of your specific network. Performance benchmarks are available by lane, carrier, and geography as well as weekly trends by mode, carrier, and industry which highlight the impact of procurement efforts and changes due to market dynamics.

The consortium effect has many benefits including the ability to conduct in-depth surveys and reports on the topics that matter most across the membership — from operations and procurement strategies to technology, accessorials, and fuel management. The collective knowledge of the member companies is both insightful and powerful.

Every FMIC member receives access to rating tools and market rate estimates. You can also access this data through cloud-based visualization and business intelligence tools (powered by Tableau) as well as REST-based APIs for integration for rate information into your execution systems.

Whether through user groups or the annual member gathering, there are significant opportunities for networking and best practice sharing. An annual FMIC Summit is available in North American and Europe for additional educational content, research insights, thought leadership from industry experts.

Available subscriptions for Shippers

Subscriptions are available based on geography and mode, and include a range of equipment types including dry van, temp-control/ambient, flatbed, bulk, and intermodal. Current subscriptions include:

North America

  • Truckload/Intermodal
  • Less-than-Truckload
  • Bulk

Intra-Mexico

  • Truckload (via Tsol partnership)

Europe

  • Full Truckload
  • Less-than-Truckload

Russia

  • Full Truckload

India

  • Full Truckload

Global

  • Ocean (via Drewry partnership)

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