Supply chain data and management technology provider, project44, has added an AI Freight Procurement Agent to its Intelligent Transportation Management System, to automate carrier selection, rate benchmarking and negotiations across modes. The company says it reduces manual sourcing work while strengthening cost control and service performance.
The agent is designed to replace static, periodic bid cycles and spreadsheet-driven negotiations with continuous AI-enabled sourcing that relies on live market conditions and carrier performance. 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.
Project44 says that, 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.
“Freight procurement is one of the largest controllable cost drivers in the supply chain,” said 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.”