Fluctuating costs and pending changes in regulation created uncertainty throughout the shipping industry in 2013. But one thing remained constant: the imperative to find efficiencies and money-saving opportunities throughout the supply chain. Many readers found what they were looking for on our resource page—white papers, blogs, and videos, filled with ideas. Read on to learn about the most popular topics in 2013. » Read More
It’s hard enough for 10 people to agree on where to have lunch. That’s why there’s so much buzz surrounding the unanimous agreement of the 159 members of the World Trade Organization (WTO). For the first time in their 18-year history, the WTO member countries agreed on a multilateral pact. They pushed past the differing needs of developed and developing nations, industrialized vs. agricultural issues, and cut through the politics. They agreed that all members should modernize and develop a more professional process for inbound products. Besides applauding that achievement–and aside from the inconvenient fact that the WTO lacks any real enforcement mechanisms–this development is significant. It takes a hopeful step toward recognizing and eliminating corruption as one of the biggest barriers to global trade. » Read More
Supply Chain, Transportation Policy
If you ship via air within the U.S., you probably recognize and can explain what a domestic air tariff is, but for many shippers, the assortment of different variables common to these pricing structures can be daunting. However, with a few guiding principles in hand, an air tariff becomes a tool to help you accurately calculate the cost of expediting. » Read More
Freight Services, Global Transportation
Before discussing density based pricing, it is important that one has an understanding of LTL shipment costs and the role of density.
LTL carriers break their direct shipment costs down into pickup, origin dock, line haul, intermediate dock (break bulk), destination dock, delivery, and administrative cost.
Pickup and delivery costs are influenced by time and are further broken down into stem time, variable running time, and stop time at the customer’s facility. » Read More
Freight Services, Over the Road