Freightools Rate Management vs Magaya Rate Management
Freightools Rate Management
freightools.comMagaya Rate Management
magaya.comSide by side
| Figure | Freightools Rate Management | Magaya Rate Management |
|---|---|---|
| Price from | — | — |
| Free plan | — | — |
| Free trial | — | — |
| Open source | — | — |
| Web | Yes | Yes |
| iOS | — | Yes |
| Android | — | Yes |
| API | — | Yes |
| Plans published | 1 | 1 |
| Spec score · Freight Rate Management Software | 7.2 (#15) | 7.4 (#11) |
| Founded | 2016 | 2001 |
| Headquarters | Haifa, Israel | Magaya lists its headquarters at 8333 NW 53rd Street, Suite 450, Miami, Florida 33166, USA. |
| Intended users | The product is described as freight rate management software for freight forwarders replacing spreadsheet-based rate libraries. | The product page describes freight quotes and rate management software for freight forwarders, NVOCCs, BCOs, shippers, and carriers. |
| Purpose | Rate Management is a structured system of record for freight contracts, surcharges, and customer-specific markups that supplies current rules to Miles and Instant Quote. | A control tower for searching and comparing freight rates, managing margins, filing tariffs, responding to RFQs, and preparing quotes. |
| Support | Customers can submit a support request for an email reply or contact [email protected]. | The product page invites prospective customers to schedule a demo and connect with a solution expert for assistance. |
Plans
In their own words
Freightools Rate Management
Freightools Rate Management has no write-up on Specifiction yet; its figures are above.
Magaya Rate Management
Magaya Rate Management is a cloud-hosted freight-rate control tower for freight forwarders, NVOCCs, BCOs, shippers, and carriers. It brings rate comparison, margin management, tariff filings, RFQs, and quote preparation into one workflow. Users can combine buy and sell rates for air, ocean, rail, and road in customized multimodal quotes, then review schedules and free-time data, apply margins or other charges, and prepare quotes on a phone or tablet. The product lists more than 54,000 current surcharge values across over 180 surcharge types and 340-plus FMC trade lanes, alongside historic and live data. For FMC filings, it manages, publishes, and stores tariff rates, governing rules, and NRAs, with both quote-based and bulk filing options. A built-in Digital Contract Exchange moves rate data between ocean carriers and freight forwarders or shippers. It works with Magaya Supply Chain and can connect by API to other TMS, ERP, or end systems without requiring that suite. It is subscription-licensed; pricing is on request.