Originally Published 11/5/2019 Updated 4/29/2021 By Jean Regan, President & CEO Your largest carrier gives you a moderate line haul increase but indicates that they are increasing their accessorial fees and adding some new charge codes to their accessorial schedule. The line haul increase appears reasonable but how do you know the impact of the change in the accessorial schedule? We had one client who experienced a moderate increase in the line haul pricing but when we examined the impact of the changes in the accessorial schedule they had agreed to, it amounted to a whopping 17% increase. What does this mean for the future?
By Jean Regan, President & CEO
Which delivers better results and a greater overall value? By Jean Regan, President & CEO
UPS announced recently that they’ve entered into an agreement to sell UPS Freight (UPSF) to TFI International (NYSE and TSX: TFII) for $800 million in a deal that’s expected to close during the second quarter of 2021.
Challenging conditions have been touching all modes in the transportation industry lately. To shed light on what’s happening in each mode, we held a webinar with a panel of shippers and industry experts. This webinar was the third in our three part Code Red webinar series, and all three webinars can be found here. Read on to find the highlights of this latest webinar.
BY JEAN REGAN, PRESIDENT & CEO
We’ve been riding a rollercoaster of freight trends in 2020 rather than following anything close to a “typical” pattern. To get a better perspective on what's happening in the market now and what shippers can do about it, we held the webinar Code Red Solutions for Shippers. This was the second of our "Code Red" webinar series, which followed up the initial Code Red Freight Forecast webinar. Here are a few of the highlights.
Parcel volumes have been growing sharply for almost a decade and just accelerated. According to Pitney Bowes, there’s been about 20% growth annually since 2013. Last year, this added up to 103 billion packages shipped around the world and about 15 billion in the United States. This year, the peak of the previous holiday season was surpassed in the summertime thanks to the pandemic, with the busiest season still ahead.
The threat of disruptions is something that's been near the top of many shippers' minds since the shutdowns earlier this year, and with COVID cases rising, it's a valid concern.
