# Rate Matrix - Advanced Freight Contract Management

Version 0.2.0, released 2024-09-19. Source: https://vektortms.com/releases/rate-matrix-advanced-freight-contract-management

> Tired of manually managing your dedicated freight rates using spreadsheets, leading to inaccuracies and inefficiencies? Looking for an easier way to calculate fuel surcharges in real-time, directly linked to the Department of Energy?

![Rate Matrix - Advanced Freight Contract Management](https://storage.googleapis.com/vektor-public-storage/changelog/8bd9f58a-c4cd-4f77-8bf4-2236b628e4d8.webp)

Introducing **Vektor Rate Matrix** - our most advanced freight rating tool yet, developed in response to customer requests for a streamlined solution for dedicated freight contracts.

![Rate Matrix - Advanced Freight Contract Management](https://storage.googleapis.com/vektor-public-storage/changelog/be2fea04-240e-461c-91f0-365e466d7645.webp)

With Vektor Rate Matrix, you can easily create location-based freight ratings, enabling accurate and efficient rate calculations directly from your dedicated contracts. Here’s what you can do:

- **Custom Location Zones:** Define origin and destination zones using coordinates, ZIP codes, or state levels to set specific rates for targeted routes.
- **Flexible Rate Options:** Set rates based on per weight, per mile, flat, and more, allowing full customization for various types of contracts.
- **Integrated Fuel Surcharge:** Automatically add fuel surcharges linked with the USDOE for specific routes. Choose to pull national or specific PADD rates and seamlessly apply them.
- **Rate Overrides and Priorities:** Assign priorities to rate overrides and link them to customer contracts for instant activation.

Now, when your team enters a new order for a customer with an existing rate matrix, the rates are calculated automatically - no more manual effort, and no more errors.

Streamline your contract management and supercharge your efficiency with **Vektor Rate Matrix** today!