Understanding the ins and outs of auditing parcel invoices can be very beneficial to your business because this process provides valuable insight into your organization’s supply chain operatio... View More
FedEx Express and FedEx Ground, subsidiaries of FedEx Corp., will increase shipping rates effective January 7, 2019 by an average of 4.9%, while FedEx Freight will increase by an av... View More
This is the time of year that shippers are often bracing for the blow of annual rate increases. Usually in the late third or early fourth quarter, parcel carriers will announce their annual rate... View More
As everyone knows, the price of fuel has been, and will likely continue to be, on the rise. The increases/fluctuations in jet fuel and highway diesel prices contribute to more than just carriers’... View More
In fashion, accessorizing is a great way to get noticed. However, in the shipping industry, accessorial fees will make you stand out for all the wrong reasons. Accessorial fees bleed profits from your
Many small and mid-sized shippers feel that they don’t have the time or resources to effectively negotiate carrier contracts or manage their transportation spend. In many cases, they feel inti... View More
This article originally appeared in the 2018 September/October issue of PARCEL.In today’s freight market, savings are hard to come by. Carriers are continually looking to increase their rates; howev
We live in a parcel world where accessorial increases can be announced at any time of the year and have huge impacts on budgets. Accessorial charges account for anywhere from five to 30% of our... View More
Every merchant has a contract, which they typically renegotiate either annually or semi-annually, with a major shipping carrier. As merchants sit down to renew their contracts, they aim to negot... View More
UPS recently implemented a brand-new audit fee for shipping charge corrections. This new fee will be assessed if the average shipping charge correction in a week is greater than five dollars. If... View More
I often find myself explaining the importance of separating various cost reduction strategies. It is common for shippers to reference one or two cost reduction strategies and insinuate or assume that... View More
We haven’t reached summer yet, but UPS has decided it’s never too early to start making rate changes. It has already changed its fuel surcharge tables for air export, effective the first week... View More
It is common knowledge that measurement is the key to effective management. This is especially true for shippers attempting to manage their parcel programs and better control their costs. In fact, a r
A short time ago in an introductory lecture, a professor gave his students a simple lesson. He said, "Everyone, get out your calculators and enter the following: ‘One plus one multiplied by t... View More
This article originally appeared in the March/April, 2018 issue of PARCEL. Annual shipping rate increases are an expected occurrence for shippers and customers alike. Shippers understand and acce... View More
In every bid event, you want to make sure you have all your bases covered and are setting yourself up for a great relationship with your carrier over the life of the contract. Fully understandin... View More
When businesses like yours review their parcel shipping expenditures for this calendar year, fewer than one-third of you who ship $100,000 or more with UPS and FedEx annually can expect to beat... View More
I often hear two misconceptions about big data. First, people sometimes think, “I have a large amount of data, so I have big data,” and second, “It’s too expensive to truly leverage... View More
On September 18, FedEx announced its 2018 general rate increase (GRI). FedEx’s 2018 GRI is keeping the US Domestic Express and Ground increase to 4.9% (as compared to 2017 GRI Express at 3.9%)... View More
How many parcel shippers truly read the story their parcel data tells? The reason I ask: To have a discussion about parcel benchmarking against other businesses, the data — be it from invoices... View More
