project44 introduced the AI Freight Procurement Agent to automate carrier selection, rate benchmarking and negotiations across modes.
Built for procurement and transportation leaders, it reduces manual sourcing work while strengthening cost control and service performance.
The AI Freight Procurement Agent operates on project44’s logistics data graph, connecting more than 259,000 carriers and 1.5 billion shipments annually across 186 countries. The platform processes more than 700 million logistics events each day.
“Freight procurement is one of the largest controllable cost drivers in the supply chain,” says Jett McCandless, founder and CEO of project44. “Intelligent TMS laid the foundation for continuous optimization. The AI Freight Procurement Agent turns analytics into autonomous action within defined guardrails, delivering measurable savings while maintaining full control.”
Key takeaways:
· Available within project44’s Intelligent Transportation Management System, the agent replaces static, periodic bid cycles and spreadsheet-driven negotiations with continuous AI-enabled sourcing informed by live market conditions and carrier performance.
· The AI Freight Procurement Agent operates within Intelligent Transportation Management, continuously benchmarking contracted rates against changing market rates and evaluating carrier performance by lane. The AI agent selects carriers and ensures negotiated rates flow directly into execution, while shipment outcomes inform future sourcing decisions.
· By automating rate benchmarking, mini-bids, and renewal negotiations within defined guardrails, the AI Freight Procurement Agent helps shippers secure competitive rates faster and reinforce carrier performance standards over time.
· Operating in parallel, the agent engages the market in seconds rather than hours, capturing savings that manual workflows often miss.
· The AI Freight Procurement Agent can benchmark contracted rates against current market conditions; identify lanes with savings opportunities or elevated spot exposure; launch digital mini-bids autonomously; evaluate carriers across cost, transit time and service reliability; and recommend or execute awards based on configurable business rules.
