Market Rates v5 brings live rates to more lanes, with fewer empty lookups

Market Rates v5 returns live rates on +17% more lanes, and about 1 in 5 formerly empty searches now come back with a rate.
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Market Rates v5 brings live rates to more lanes, with fewer empty lookups. Meatball, the Cargado dog, looking through a magnifying glass.

The story

Market Rates v5 is live for brokers on Cargado, a modern marketplace for Mexico and Canada freight. It returns live rates on more lanes between Mexico and the U.S., on domestic Mexico lanes and on Canada lanes, so fewer lookups come back with "no rates available."

What changed

  • +17% more lanes with live rates
  • 1 in 5 empty searches recovered
  • 4 corridors upgraded

Where rate coverage improved the most

  • Mexico and the U.S.: lanes between the two countries.
  • Border to inland: border markets into the interior U.S.
  • Domestic Mexico: Mexico-only freight.
  • Canada: U.S. to and from Canada, and Mexico to and from Canada.

What it means for you

  • Fewer dead ends. More lookups return a usable rate band.
  • Faster quotes. Less re-checking, texting around or pricing from memory.
  • Stronger negotiations. Anchor carriers and customers to a clear low, mid and high.

What you will see in the product

The workflow stays the same. More lanes return live data, especially near the border. v5 already folds peso and Canadian dollar bids into the math, while rates still display in U.S. dollars.

Also in Excel and the API

The Excel add-in puts live rates straight into your RFP and quote sheets. The Market Rates API brings rates into your own TMS or pricing tools. Write to success@cargado.com and we will set you up.

Get started

Got "no rates available" before? Run that lane again, or try one of these: Houston, TX to Laredo, TX; Athens, GA to Monterrey, NLE; or Chicago, IL to Toronto, ON.

Run a rate lookup or follow the Excel add-in setup guide. If anything looks off, tell us at success@cargado.com.

Learn more

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