Drayage costs may be reduced with XenonFS

By Patrick Burnson, Executive Editor
October 29, 2013 - LM Editorial

XenonFS, a full service drayage technology management provider, recently announced that it is offering a new approach to improve drayage service while reducing costs. 

According to the company, drayage analytics are used to quantify the total time and costs associated with first and last-mile cargo moves. By using customized tools to reduce operating staff time and costs, shippers may save up to 90 percent on many drayage moves, says Stacy Lange, director of key accounts for XenonFS.

In an interview with LM, he observes that if a drayage move is not carefully coordinated or if communication from the provider is lacking, shippers can incur additional costs such as demurrage, detention, storage, and waiting time.

“In addition, they could find themselves hit with ad hoc charges such as penalties, fines, or even fees for unutilized crews,” says Lange. “With advance communication and planning, these charges can often be avoided or mitigated.”

XenonFS cites the amount of time logistics companies spend managing end-to-end drayage moves and the hidden costs they incur as a result. The man-hours associated with such tasks as finding the right vendor, verifying compliance, establishing credit, making payments and tracking the shipment, often are not evaluated as a part of the drayage costs. These indirect costs add up quickly, however, especially on unfamiliar and complicated drayage shipments. 

XenonFS’s founders set out to fill a gap in the market created by these inefficiencies. Their technology connects all parties in a multi-modal move, both electronically and operationally. Drayage information is consolidated into a single system in one location via XenonFS’s web portal or by integrating with their customers’ existing operating software.

“This ensures that drayage movements are completely aligned with connecting carriers and shipments move smoothly from origin to destination,” says the company. 



About the Author

image
Patrick Burnson
Executive Editor

Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at .(JavaScript must be enabled to view this email address).


Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

The Institute for Supply Management’s (ISM) August edition of the Manufacturing Report on Business saw its PMI, the ISM’s index to measure growth, fall 1.6 percent to 51.1, following a 0.8 percent decline to 52.7 in July. Even with the relatively slow growth over the last two months, the PI has been at 50 or higher for 31 consecutive months.

Hackett observed in the new report that China’s economy has lost steam, with actual growth falling short of targeted rates, while the United States most recent second quarter GDP reading at 3.7 percent outpaced expected targets, even though it was negatively impacted by gains in manufacturing and retail inventories.

The proposed merger of Cosco and CSCL could spark further container consolidation

The average price dropped 4.7 cents to $2.514 per gallon, which now stands at the lowest weekly average price for diesel since July 2009, when it was at $2.542 the week of July 27, 2009, according to EIA data.

The Department of Transportation’s Bureau of Transportation Statistics (BTS) reported this week that U.S. trade with its North America Free Trade Agreement partners Canada and Mexico in June dropped 3.8 percent annually to $99.0 billion. This followed a 10.8 percent decline in May to $92.7 billion.

Article Topics

News · Technology · Logistics · trucking · All topics

About the Author

Patrick Burnson, Executive Editor
Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review. Patrick covers international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. Contact Patrick Burnson

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2015 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA