DrayNow
DrayNow is a pioneering company that created a real-time marketplace for the intermodal freight segment, offering a platform with proprietary freight-matching technology to enhance capacity and efficiency for carriers.
Real-Time Marketplace for Intermodal Freight
DrayNow is the first company to create a real-time marketplace tailored specifically for the growing intermodal freight segment of the shipping industry. The platform leverages proprietary freight-matching technology to enhance both capacity and efficiency, providing a streamlined process for carriers. By utilizing real-time track and trace, paperless documentation, and actively monitored carriers, DrayNow sets a new standard in intermodal freight logistics.
Proprietary Tools and Features
DrayNow offers a variety of advanced tools and features on its platform designed to support carriers. Notable features include the TRUprice tool, which utilizes a machine-learning algorithm to provide up-to-the-minute pricing recommendations, and the Intermodal Spot Rate Tracker that delivers accurate spot rate data weekly. Additionally, the Intermodal Drayage Volatility Index measures variations in U.S. Rail Intermodal Drayage costs. These tools, combined with automated billing, one-tap access, and carrier support, ensure a seamless and efficient experience.
Carrier Services and Features
DrayNow's platform is designed with carriers in mind, offering them the ability to compare loads, choose the most suitable ones, and receive hassle-free payments. Carriers can sign up multiple drivers under their authority, access rail apps, and perform detailed inspections of intermodal chassis and containers. The platform also includes features to handle detention payments and accessorials for additional steps on a load, ensuring fair compensation for carriers' efforts. Additionally, DrayNow provides resources for carrier education, including videos and articles on different aspects of intermodal trucking.
Target Users of DrayNow's Platform
DrayNow's platform supports a broad spectrum of users including IMCs (Intermodal Marketing Companies), BCOs (Beneficial Cargo Owners), and Freight Forwarders. These users benefit from the platform's robust features in managing intermodal containers, such as real-time tracking, automated billing, and rapid payment processing. The platform's nationwide drayage network can handle the origin and destination dray for over 90% of all domestic intermodal rail moves, making it a versatile tool for various stakeholders in the intermodal freight market.
Educational Resources and E-Book
DrayNow provides a wealth of educational resources to support and inform carriers. These resources include a range of videos and articles that cover various topics related to intermodal trucking. Additionally, DrayNow offers a free e-book titled 'Is there a future for Intermodal Marketing Companies?' which delves into the future prospects of IMCs in the shipping industry. These resources are designed to enhance knowledge and foster growth within the carrier community.