Market metrics
Market metrics are a set of filters used to help you more accurately position your rates against the market.
They are global settings that apply to all market data on a given page. By setting the appropriate market metrics, you can narrow down the scope of the market to only those segments that are specific and relevant to your business.
Xeneta uses the following market metrics to set a benchmark for your air rate data:
- Contracts
- Service level
- Market position
Contracts
Contracts allows you to select rates associated with either all available contracts, or only with those that have been signed within the past three months.
See Contracts to learn more about how you can use it to filter out older contracted rates.
Service level
Due to the non-standardized nature of air freight, similar shipments may differ from one another based on a number of factors including cost, transit time, cargo type, and others.
To make air freight rates more comparable, Xeneta groups them into five Service levels — four for general cargo (upper, mid, lower-tier and a combination of the lower and mid tiers), and one for temperature-sensitive cargo (passive).
See Service levels for more information on how Xeneta categorizes air freight rates.
Market position
Market position allows you to compare your rates to the different segments of the air freight market:
- Market average
- Market low — the lowest prices being paid by other market participants
- Market high — the highest prices being paid by other market participants
See Market segments for more information on how we calculate these market positions.
Updated 1 day ago