OnTrac Launches Dynamic Savings Program to Offer Real-Time Parcel Shipping Discounts
OnTrac has introduced the OnTrac Dynamic Savings program, an industry-first initiative that leverages real-time network capacity to offer promotional pricing for parcel shipping. Unlike traditional dynamic pricing models where rates increase based on carrier targets, this new approach allows shippers to save when there is available space in OnTrac's delivery network. The program works by automatically identifying package-level savings opportunities through an API-based rate shop system without altering a shipper’s contracted rates or requiring renegotiation. Shippers retain control over routing decisions and pricing logic while benefiting from potential cost reductions on qualifying packages, especially during non-peak periods. OnTrac's Dynamic Savings is designed for ecommerce brands and third-party logistics providers (3PLs) seeking price certainty alongside opportunistic savings. The program requires existing OnTrac pickups, minimum volume commitments, and a new integration with the shipper’s rate shop system.
Topics: dynamic_pricing ecommerce shipping_savings