MercuryGate Launches Multimodal Procurement System

MercuryGate International, a global provider of cloud-based transportation management software, has launched a freight sourcing and procurement product designed to enable users to manage requests for proposals for all transportation modes within a single system.

MercuryProcure, available for a monthly subscription, integrates with other MercuryGate products, allows users to report on carrier performance and use real-time shipment data to project accurate costs as they make transportation purchasing decisions.

MercuryProcure has been designed for use by shippers, third-party logistics providers and carriers responding to requests.

Users can provide lane metrics to carriers as well as their standing in the current bid process. This information allows carriers to be better informed regarding which lanes they choose to pursue and enables improved participation rates in bid events, the company said.