Can shippers make truckload (TL) rates fuel surcharges less expensive by altering the way fuel surcharge programs are structured?
Fuel surcharges reflect fluctuations in prices at the pump. When prices rise above an agreed threshold, carriers receive a credit; when below the threshold, shippers are compensated. The fairness of this mechanism is the subject of much debate in the industry. » Read More
Customers, Freight Services, Over the Road, Supply Chain, Supply Chain Consulting
The start of a new year means budget planning is likely back on your agenda. You probably have questions about what the 2016-2017 ocean contract season will bring. Let’s look at six key topics to watch in the coming year that could impact your budget planning now. » Read More
Freight Services, Global Transportation, Logistics, Supply Chain, Supply Chain Consulting
The logistics industry is constantly evolving, and our customers are always looking for ways to adapt. This past year was no exception. It was an exciting year in the supply chain industry, and our Transportfolio® blog has followed the action every step of the way. From surface transportation to global forwarding, our posts aim to fill you in on the topics that matter most. » Read More
Freight Services, Logistics, Over the Road, Supply Chain, Supply Chain Consulting, Transportation Market
Editor’s Note: This blog post originally ran on 3/10/15. As global crossdocking remains a relevant topic in the supply chain industry, we’re sharing Clark’s article a second time.
As companies grow into global contenders, often they notice their once simple, and easy to follow, processes gain layers of complexity. This is especially true for transportation and logistics. Working with multiple vendors, offering numerous products, or operating in several countries across the globe (or all of the above), are just a few of the challenges that can cause strain on any business. » Read More
Customers, Global Transportation, Logistics, Supply Chain, Supply Chain Consulting
Quarter-End Shipping Surges Impact Transportation Rates
Do month-end or quarter-end surges still affect your transportation costs? Well, you’re certainly not alone if you’re asking this age-old question! Those familiar with transportation know that month-end or quarter-end freight surges commonly occur, maybe in your company, or maybe in other organizations, and that your routing guide may not work as well as it usually does at those times. Our research at Iowa State University shows that transportation costs don’t actually rise during end-of-month surges. But they increase significantly near the end of a quarter in some regions.
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Supply Chain Consulting