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
Editor’s Note: A couple of weeks ago, Jason Craig contributed a blog post for TMC. We’re sharing his original post here because transportation updates are always relevant topics. Please share your thoughts and read the blog post, Government Update: FMCSA Changes.
On November 4, 2013, the Federal Motor Carrier Safety Administration released some long-awaited changes to the presentation of the BASIC data and the information available on a motor carrier’s roadside inspection history. The intent of this release is to alleviate some of the confusion that had existed between the official safety rating of a motor carrier (Satisfactory, Conditional, Unsatisfactory, or Not Rated) and the BASIC data that is used as a prioritization tool for safety interventions and compliance reviews.
» Read More
Over the Road, Transportation Policy
Do you want to start importing goods into Canada? Due to free trade agreements and increased internet sales, more manufacturers around the world want to increase their business into the Canadian marketplace. As is the nature of customs anywhere in the world, Canadian regulations change every day. One thing can always help you through the process. And that is your customs broker. Your customs broker is your intermediary. They know the ropes of importing and can guide you through the entire process—from initial steps to final delivery. Just remember the old saying, “You date your freight forwarder, but you marry your customs broker.” » Read More
North American Border Crossing, Over the Road
The last place I thought I’d have an epiphany was at one of Denver, Colorado’s finer dining establishments. As the gastronomic wonders began to appear on our table, scrutiny began about the unusual ingredients, flavors, and culinary terms such as “merguez,” “coulis,” and “pansoti.” It struck me that this dining experience had something in common with the conversations I’d had with customers and conference attendees at the 2013 CSCMP Annual Global Conference. The amount of thought that went into comprehending the complexity of that meal was similar to the level of analysis our customers put into their supply chains every day. » Read More
Does your global supply chain have tight transit times or fast changes in demand? What about high inventory costs? If so, you might want to consider less-than-container load (LCL) shipping options. It’s true that LCL shipments can cost more than full container load (FCL) shipments. So why do people primarily choose LCL? That’s easy—consistency. When shipping FCL, you must wait until you have enough product or order to fill an entire container, which takes time. This means your product may wait for extended periods before you have enough to ship. With LCL, you can ship your products as soon as they come off the line, which certainly reduces wait time. Other factors in your supply chain may make LCL an even better choice. » Read More
Freight Services, Global Transportation