What is a Rate Card used for in AscendTMS?

• A. It stores currency exchange rates for all currencies.
• B. It provides rates used by the rating engine for Auto Rate.
• C. It contains customer contact information.
• D. It lists carriers and lanes only.

Answer: (B)

The rate card is the pricing data the system uses to price shipments automatically. It defines the rates that the rating engine applies for a given carrier, service, lane, equipment, and other conditions, so when Auto Rate runs it can pull the correct price from the rate card for that shipment. Currency exchange rates are handled separately, and a rate card isn’t just a contact directory or a simple carrier/lanes list—it’s the actual set of rates and pricing rules the rating engine uses to generate quotes and bookings.