Friday, July 01, 2011
Tight capacity, more regulation, major concerns
Time to cash in on rates?
Executive education programs today are focusing on the “hot” supply chain topics. Here’s a look at what’s available and how
you can take advantage of these offerings.
As we turn the corner towards a lasting recovery, we’re reminded of the columns that we wrote in the recent past signaling the shifts in partnerships between shippers and transportation providers—specifically on the rates and services “dance” and potential capacity tension.
OPEC failed to revise production quotas, and upon learning of this decision, traders quickly bid the price back up
The General Rate Increase will be 6.9 percent and covers non-contractual shipments in the U.S., Canada, and Mexico, according to UPS. It also applies to minimum charge, LTL rates, and accessorial charges. UPS added that shippers will be able to view and download the new rates at http://www.ltl.upsfreight.com
Posted on 07/01 at 08:31 AM
Earlier this year i wrote about the winds of change affecting LTL pricing in North America. If shippers and carriers are going to take advantage of pricing deregulation then they have to work together to disaggregate, cooperate, and automate.
I’m not sure who said it, but it’s one of my favorite lines when it comes to putting the current market environment into perspective: You don’t know where you’re going unless you know where you’ve been.
Procurement is one of many areas vying for a supply chain executive’s time and attention. But when you consider the variety and depth of benefits that high performance in procurement can deliver, perhaps a little extra time and attention are warranted.
Responding to shipper concerns, the West Coast MTO Agreement (WCMTOA) announced it will postpone until August 1 its planned adjustment to the Traffic Mitigation Fee at the Ports of Los Angeles and Long Beach.