TransBarometer widget

Updated 1 day ago by Katarzyna

Who can use this function?

This function is available to all Trans.eu Platform and CargoON users.

Learn more about the Dashboard module and widgets.

Basic information about the widget

Add TransBarometer to your Dashboard if you want to have quick access to the current information about the ratio between the number of offers and the number of available free vehicles in a particular location. 

TransBarometer:

  • belongs to the widgets from the Freights category,
  • is dedicated for clients and contractors,
  • presents data collected based on the number of offers of vehicles and loads added and searched on the exchange,
  • displays data in real-time,
  • can be added to your Dashboard only once.

Widget navigation

The components of the TransBarometer widget are:

  1. Chart - shows current information about availability of vehicles and loads (outer semicircle) and demand for vehicles and loads (inner semicircle).
  • blue color of the chart - corresponds to vehicles (both their availability and number of searches),
  • green color of the chart - corresponds to loads (both their availability and number of searches).

Animated arrows on each semicircle show the ratio between available vehicles and loads in a given location and number of searches for them, indicating whether there are more or less of them.

  1. State of balance indicator (the arrow) - shows the balance between the number of freights and the number of vehicles.
  2. Loading address - here you will specify the location for which the widget will show data.
By default, in the Loading address, the localization of your company is provided.
  1. Radius offers search - by using a slider you can set the radius range of offers searching.
    The radius is provided in kilometers.
    Its range is from 5 km to 1000 km.
    It is measured from the provided loading address.
  2. Update date - it is the date and time, from which the Widget downloaded the data from the Trans.eu Platform.
  3. Refresh option - allows you to manually refresh the data.
Data on the widget refreshes each time you enter the Dashboard module.

How to analyze the data

TransBarometer displays current information about the availability of vehicles and loads in a particular place. Data is collected on the basis of added and searched offers.

After defining the loading location, the chart will present the percentage of load offers and available vehicles.

The data is presented with two semicircles:

  1. The outer semicircle presents data related to added offers:​

  • ​​The light green part of the semicircle shows the available percentage of loads.​
  • ​The dark blue part shows the available percentage of vehicles.​

  1. The inner semicircle presents data related to searching for offers:​

​

  • ​The light green part shows the percentage of demand for freight.​
  • ​The dark blue part shows the percentage of demand for vehicles.

If the arrow is tilted in any direction, it means that there is greater demand for vehicles and/or loads in a given location.

​Example: I am checking the availability of vehicles and loads within a 250 km radius of Edinburgh. In this location, the availability of vehicles and loads is balanced. The demand for loads is lower (fewer searches for loads than for vehicles) in this area, which may give me a negotiating advantage.

Thanks to this knowledge, you can conduct negotiations faster and more effectively from the very beginning. Based on the assessment of the market situation, you can determine the starting price.

How Did We Do?

UP!
Powered by HelpDocs (opens in a new tab)