How to read Tender benchmark reports

This guide provides a detailed description of the full Tender benchmark report to help you better navigate and understand its contents.

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Each line in the report is returned exactly as it was in the template and includes a Line number in a separate column to help you identify them more easily.

Report contents

The content of the report can be divided into two larger sections:

Input data and default values — entry data carried over from your template and default values provided by Xeneta
Benchmark data — actual report data with a comparison of your supplier rates on specific port pairs to different market segments

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The report file has a Glossary sheet where you can find a quick guide on key terminology used in the report.

Input data and default values

Service level — indicates the service level of the market rates used for benchmarking in the report
Market rate valid on — date that the market rates used for the benchmark are valid on

Benchmark data

The benchmark data in the full report is divided into several sections that provide a comparison to market rates across long-term contracts grouped by how recently they were signed:

Long (all contracts)
Long (contracted within 3 months)

Each of these sections is further broken down into up to five subsections corresponding to the selected weight categories:

< 45 kg
45+ kg
200+ kg
500+ kg
1000+ kg

Each individual weight section is comprised of the columns with the following information:

Bid rate — rate compared to different market segments in the report
Used origin and Used destination — actual origin and destination used for the report if the requested origin-destination pair has limited rate data coverage
Geo-hierarchy level — level of Xeneta's geo-hierarchy used in calculating the benchmark. Indicates if the requested origin or destination were "bumped up" to a larger geographic region due to limited data coverage

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Exact match in the Geo-hierarchy column indicates that the benchmark rate matches your requested airport pair.

Rate quality — number of contracts for the requested origin-destination pair that Xeneta has in aggregation
My price — rate that you provided to Xeneta that the report will use for the benchmark if you leave the Bid rate field in your template blank
You vs. market — key value in the report that shows the difference (in USD) between your Bid rate and the three market segments — market low, market average, and market high