Lojistic Blog - Page 32 Fill Your Noggin With Current Logistics News.

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...

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...

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...

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...

Chances are that if you’re reading this, you are already familiar with parcel auditing. If you’re not, feel free to brush up on your knowledge on our parcel audit page. Regardless of your level of familiarity, we thought it pertinent to help inform the general public on some of the common misconceptions...