Lojistic Blog - Page26 Fill Your Noggin With Current Logistics News.

Dec 03

2015

6 Best Practices To Prevent Shipping Costs From Eroding Your Margins

Posted: Dec 03, 2015

Over the past decade, UPS & FedEx have increased their Ground tariff rates 54.9% and their Air tariffs 61.8-66.1%. Those aren’t exactly small numbers. Adding insult to injury, these figures do not include the infamous Dimensional Weight pricing changes of 2011 and 2015… ouch! With the 2016 General Rate Increase right around the corner, equip yourself with these best practices to help mi...

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Sep 18

2015

FedEx Announces 2016 General Rate Increase

Posted: Sep 18, 2015

On Wednesday, September 16, FedEx announced its annual general rate increase (GRI). Effective January 4, 2016, rates will be impacted as follows: FedEx Express will see a 4.9% average increase for US domestic, export, and import services FedEX Ground and Home Del...

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Sep 09

2015

Freight Audit Services: Learning About Standard Carrier Alpha Codes

Posted: Sep 09, 2015

The transportation industry devised the Standard Carrier Alpha Code (SCAC) system to help identify competing companies. Each SCAC identification code ranges between 2 and 4 alphabetical characters long. During the 1960s, The National Motor Freight Traffic Association developed the SCAC system in order to help convert their paper-based documents into computerized records. Freight carriers must u...

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Jul 22

2015

Your Carrier Relationship, Your Parcel Audit, and You

Posted: Jul 22, 2015

Shipping costs are über-important. For an expense that makes up (on average) 10% of your top line, they definitely deserve your undivided attention. Maintaining a solid relationship with your carrier reps can lead to improved discounts, incentives, and more. No doubt you’ve worked hard to negotiate a competitive pricing agreement and it behooves you to protect aga...

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Jul 09

2015

What Does Your Car Have To Do With Parcel Insurance?

Posted: Jul 09, 2015

Parcel insurance rates are on the rise, and they have been for years. In fact, in the past five years, parcel insurance rates have increased 38%. That’s a big number. And when compared to price changes of some common household items, the increase seems even bigger. Over the past five years, the average price of a new car i...

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