Shipwell API

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September 16, 2020

In one of our biggest releases yet, Shipwell adds "Predictive Pricing" to our pricing intel tool and additional functionality to EDI and direct customer requests to carriers.

Additionally, Team Driver Required is now on the list to the list of Shipment Accessorials.

Predictive pricing

Predictive pricing insights are now available in the Pricing Intel tool. "Today's Predicted Pricing" consists of two components:

  • My Reference Price provides a personalized prediction based on your historical paid rates for the specified lane and equipment type. The rate considers the user's company price history in My Data, among several other algorithmically-derived inputs. As you run more shipments through the Shipwell platform, the My Reference Price prediction becomes more accurate.

  • Market Range is a benchmark prediction using a middle-of-the-market range of rates that will be negotiated on the current day in which the Pricing Intel tool is queried. It establishes an expected interval for the median (50th percentile) of SW Market Composite for the present day. Market Range populates when an SW Marker Composite can be calculated.

Offsets between My Reference Price and Market Range can occur due to the particular carriers considered, existing contracts or service level agreements, available lead time, rate sourcing mechanism (e.g., direct tender vs. auction), and whether a broker mediated the transaction.

More data in SW Market Composite for Pricing Intel

SW Market Composite now uses additional data from a Shipwell-derived market rate available for many specified lane and equipment types via the Pricing Intel tool.

No additional user actions or subscriptions are necessary to consume this additional information. This ancillary data enables the provision of an SW Market Composite for other lanes and equipment types and more granular detail for those lanes and equipment types for which the SW Market Composite is available.

The three graphical components comprising the SW Market Composite--the upper (75%) bound, the median (50%) line, and the lower (25%) bound--will likely appear "noisier" than they did in previous versions. This is due to the increased frequency of rating information contributing to the Composite. It includes significantly more data and is now more responsive to short-term price variations.

The summary presentation of SW Market Composite rates over the time horizon selected will still be captured in the mini-table directly below the graph.

EDI now supports all tendering methods

EDI shipment updates (214) can now be received and applied to manually booked shipments. With this change, the platform now supports all tendering mode using EDI:

  • The Request Bid process
  • A carrier accepting a load from the load board
  • Tender to Carrier
  • Manual Book

Remove Email Contact requirement

Users no longer need to select the checkbox, Email contact to notify about shipment to inform the carrier when booking a shipment as the selection has been removed. Now, when assigned to a shipment, carriers automatically receive an email notifying them of the booking.

Manual book options for shipment requests

The shipment request modal now has a manual book option that, when selected, will allow a company to choose a carrier manually rather than auto booking the shipment.

When a shipment request is submitted with the Manual Book selected, an email will be generated and sent to the email address.

With that email address, a vendor can access and complete a limited view shipment.

When the shipment form is completed, and the Submit button is selected, an email will be sent to the individual that generated the shipment request notifying them the request is complete.

By clicking on the View Shipment link from the email, the shipment requestor can view the details and select a carrier for the shipment through whichever means they choose.

Company defaults moved to own tabs

Specific Company Default data types have been moved to their tabs for easy navigation.

Previously, all fields were on the same Company Defaults screen.

As more default data is stored on the platform, splitting the data into logical groupings was needed for easy access.

As new objects make use of default values, those tabs will be added here following this pattern.

Workflow automation improvements

  • Fixed IE 11, preventing Shipwell from loading.
  • Resolved issue when displaying Routing Guide steps when modified while executing.
  • Display Carrier ETA with Planned and Actual Arrival/Departure dates and time. These only in conjunction with EDI and display if actual arrival/departure is not defined.

Mobile app updates

Several enhancements and UI changes were made to Andriod 3.2.8. iOS 3.3.3 also includes the following enhancements:

  • Unified Load Board search allows you to search through all Loads
  • Shipment lists update to support active/completed shipment

Updated 3 months ago

September 16, 2020

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