The "My Price Details" view provides detailed information for a price selected from the Compare My Prices report.
At the top of the page, the following information regarding your selected price is available:
- Origin
- Destination
- Contract Validity Date
- Contract Length
- Supplier
- Container Size
- Terminal Handling Charges
This information provides specific details regarding a price that you've uploaded. Below this information, market rate comparison details are provided.
Market Rate
The market rate comparison provides an overview of rate comparisons for this particular price you're currently viewing price information for against the market rate.
The Difference figure provides the difference between your uploaded price and the market benchmark rates. This number is provided as either a positive or negative figure. A positive figure (displayed in red) indicates the number of dollars you are spending above the market average. A negative figure (black) would indicate the number of dollars you are spending below the market average.
The Geo-Hierarchy field displays which aggregation level (if any) is used when providing the market rate that is being compared to your price. More information about Geo-Hierarchy methodology can be found here.
The Trade Lane Used field displays the actual trade lane that is providing the market comparison rate. For example; if you have uploaded a price for the "Jakarta, Java to Sydney, Australia" trade lane, the trade lane used for the market comparison rate might actually be "South East Asia Main to Sydney, Australia". The reason for this is because there aren't enough rates from Java to Sydney directly, but other prices from areas near Java to Sydney are available, so an accurate rate may still be available.
Clicking on the OPEN TRADE LANE GRAPH buttons will display the selected contract comparison within an interactive graph.