Market Metrics (Air)

Question

Accepted Answer

Market metrics are a set of filters that help you position your air rates against the market.
They are global settings that apply to all displayed market data. By setting the appropriate market metrics, you can narrow down the scope of the air freight market to only those segments that are specific to your business.

Xeneta uses the following market metrics to set a benchmark for your air rate data:
Contracts
Service Level
Market Position
Contracts
The Contracts metric 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 our Contracts article to learn more on 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 shipping rates comparable, Xeneta groups your air rates 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 the Service Levels article for more information on how Xeneta categorizes air freight delivery options.
Market position
The Market position metric allows you to compare your rates to the average market rate, as well as the market low — the lowest prices being paid by other market participants — and the market high — the highest prices being paid by other market participants.
For more information on how the market positions are calculated, see Market segments.