Next Gen Rates review
A focused workflow for consolidating rates, quoting customers, and tracking freight.
Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026
Next Gen Rates is a freight rate management platform for freight forwarders, NVOCCs, shipping lines, airlines, and cargo partners. It brings spot and contract freight rates into one workflow, standardizes information from API, email, and direct upload, and supports searches by trade lane. Teams can compare carriers, apply automatic margin rules, track rate validity and versions, generate branded quotations, and collect digital acceptance. The product is positioned for ocean, air, and multimodal freight operations.
The published Custom plan includes live and contractual freight rates, a customer portal, track and trace, analytics and reporting, API access, and integrations. The wider feature set connects procurement with customer-facing quoting and operational follow-through rather than stopping at rate storage. Ocean and air shipment tracking, customer self-service, and carrier-performance analytics give freight teams additional tools around the quote-to-shipment process. The official website also states that the product is free to try with no credit card required.
Next Gen Rates should suit organizations that need a centralized rate-to-quote workflow across multiple sources and freight modes. Its strongest fit is for teams that want procurement, margin control, validity tracking, branded quotes, customer access, and shipment visibility in the same product. Teams seeking only a basic quote generator may find the broader operational feature set unnecessary, while organizations outside freight-forwarding, NVOCC, shipping-line, airline, or cargo-partner workflows are less aligned with its positioning. The Custom plan also makes a sales-led buying process part of the evaluation.
Next Gen Rates pros and cons
- Where it wins
- Combines spot and contract rates from API, email, and direct upload
- Applies margin rules and tracks rate validity by trade lane
- Extends quoting with portals, tracking, analytics, and digital acceptance
- Where it doesn't
- The published Custom plan may require a sales conversation
- Broad operational coverage may exceed basic quoting needs
- Best fit is freight-focused rather than general pricing workflows
Next Gen Rates fact sheet, pricing and score →
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