The rate of material shipping (TC rate) is a dynamic parameter. This parameter plays a critical role in estimating the final material cost. There is an opportunity to build an integrated architecture and analytical platform that can provide business users with optimal decision capabilities based on a holistic overview of short-term supply, expected demand, and TC rate movement over the next 30 – 60 days. The TC rate prediction has been a critical challenge for the big mining companies that need to charter huge vessels to transfer their produced materials. Lack of accurate data and facing dynamic variables have made this challenge more complicated.