Revenova launches 'Market Monitor': real-time rate intelligence inside the TMS

Revenova launches ‘Market Monitor’: real-time rate intelligence inside the TMS

Posted May 28, 2025

Bannockburn, Ill. – Revenova, the leading transportation management system (TMS) provider, today announced the launch of Market Monitor, a new embedded feature that delivers real-time lane rate intelligence directly within Revenova TMS. As a highlight of the Spring ’25 Release, Market Monitor brings instant access to anonymized, real-world pricing trends right where freight brokers work.

Market Monitor is powered by Revenova’s LaneIQ Network, a real-time data aggregation platform that compiles anonymized carrier spot rate quotes from participating Revenova TMS customers. This consortium-based approach ensures that the data reflects actual market conditions, providing users with accurate and timely rate information.

“This isn’t predictive modeling or a third-party feed,” said Liam Purcell, Senior Product Manager at Revenova. “Market Monitor shows what’s actually happening in the market, based on real carrier quotes submitted by our users for actual shipments. It’s the truth in trend form.”

Designed for accessibility, the Market Monitor component can be placed on the TMS home page, load page, or throughout a user’s workflow. The charts are simple, intuitive, and require no special training giving front-line reps, operations managers, and executives a shared view into evolving market dynamics.

Key benefits for brokers:

Live market insights based on actual quote data, not estimations
Lane-specific rate trends to support quoting, RFPs, and strategy
Embedded UI keeps insights visible during day-to-day workflows
Anonymized, consortium-based data from across the Revenova customer base

Participation in the LaneIQ Network is required to access Market Monitor. The more brokers that join, the richer and more accurate the insights become.

Market Monitor joins several enhancements in the Spring ’25 Release aimed at boosting transparency, operational intelligence, and ease of use throughout the TMS.

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