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How to Get a More Accurate 2020 Budget

The carriers are announcing their General Rate Increases (GRIs) for next year, but what can you expect, exactly? As you create your 2020 budgets, don’t rely on the average increase that the carriers publicize. Those figures don’t take into account the details that contribute to your actual increases. There are many factors to consider, such …

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Why You Should Renegotiate Your Carrier Agreement

There is one, simple reason to renegotiate your carrier agreement: to save money! Most shippers’ carrier agreements leave plenty of room for improvement. The carriers negotiate every single day, whereas you may only negotiate agreements once every year. Based on that discrepancy, the agreement is more than likely going to favor the carriers. So what’s …

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Impact of Rate Increase

Though the announcements of carrier rate increases focused only on a small percentage as the average GRI, experienced shippers know those figures never apply across the board. So what is the true impact of a rate increase? The answer depends on many variables that factor into what kind of rate increase your company will actually …

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Find out your REAL rate increases for 2019

  ‘Tis the season for annual carrier rate increases! FedEx and UPS may have both announced an average 4.9% increase in FedEx fees and UPS fees, and USPS a 2.5% increase, but do you know what your ACTUAL increase will be? As the supply chain industry hits its holiday peak, GRIs threaten to deplete 2019’s …

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When Less Is More: How to Avoid Profit-Eating Accessorial Fees

  This article originally appeared on ParcelIndustry.com. 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 supply chain and often can be avoided with the right knowledge, visibility, and proper planning. …

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