Freight rate index idea from radio show
Recently the discussion of starting a rate index has come up. Kevin has said it would be pretty easy and wants to make it free to get more involvement. Then the issue of keeping the numbers true and accurate came up.
Half the information need is already in profit gauges with our settlements I.e. revenue, the date, type of trailer is in our profile. Adding a couple of fields to settlements could give the rest of the information need zip codes for origin and destination, and check boxes for LTL, over size.
Having this on profit gauges and with settlements should solve the problem of keeping the numbers honest and accurate, and making sure we have data from people who care what their entering and reading.
Is this a worthwhile discussion?