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Forging Stronger Bonds Between Shippers and Carriers

In today’s world of fluctuating order volumes, rising transportation costs and declining capacity, it’s critical for shippers and carriers to take a true partnership approach.

January 09, 2012

In today’s world of fluctuating order volumes, rising transportation costs and declining capacity, it’s critical for shippers and carriers to take a true partnership approach.

Ongoing global economic uncertainty continues to present a multitude of challenges. Prompted by fluctuating fuel costs, a growing shortage of drivers and decreasing transportation capacity, the business of transporting goods is gaining greater attention.

To remain competitive, shippers and their core carriers must collaborate within a single, agile supply chain built around shared data, business processes and customer service objectives. A company’s key transportation partners can serve as a valuable strategic asset if stronger shipper-carrier relationships are formed based on trust, information sharing and mutual performance goals.



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Recent Entries

The questions for the most recent Semiannual Economic Forecast, which was released last week, included: 1-has the strength of the U.S. dollar had a negative, negligible or positive impact on their organization’s profits?; 2-has the net impact of the depressed prices of oil and related commodities been negative, negligible, or positive for their organization’s profits; and 3-how would they characterize the combined impact of their organization’s profits on the strength of the U.S. dollar and the depressed prices of oil and related commodities.

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that that U.S. trade with its North America Free Trade Agreement (NAFTA) partners Canada and Mexico dropped 5.8 percent on an annual basis in March to $90.5 billion.

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U.S. Carloads fell 10.6 percent at 244,290, and intermodal containers and trailers were off 6.5 percent at 262,693.

Now that the deal, which had to clear several regulatory hurdles in multiple countries, is official, FedEx executives were able to speak a little bit more freely, albeit being somewhat guarded in regards to certain integration specifics at the same time.

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