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Spot Market Freight Rate Bidding

Although benefits exist for contract pricing with freight carriers, many shippers, brokers and 3PL’s turn to load boards and the spot market for competitive rates. At the time of this writing, spot market pricing is beating contract pricing by an average of $.30/mile (source: DAT Trendlines™). Unfortunately, there is also inherent risk when using the spot market. Obvious pitfalls include exposure to fraud, unknown service quality and unpredictable capacity. Services like SaferWatch and TIA Watchdog […]

By |April 7th, 2017|Categories: Revenue, Transportation|Tags: , , , , |0 Comments

Benefits of Understanding your Accessorial Usage

When it comes to shipping, understanding your accessorial needs before negotiating rates can lead to significant savings and revenue opportunities.

Accessorial charges are fees for services other than basic delivery. Examples include equipment, fuel and special services. According to the data collected from Logistically TMS, the four most commonly used accessorials, excluding fuel, are:

Delivery Liftgate
Delivery Notification
Delivery Appointment
Inside Delivery

Roughly 15% of all shipments managed by Logistically TMS contain at least one accessorial besides fuel. Of […]

By |March 9th, 2017|Categories: Logistics Analytics, Revenue, Transportation|Tags: , , |0 Comments

UPS to Increase Saturday Ground Delivery Services

To keep up with the demands of growing e-commerce sales, UPS is planning to increase its Saturday Ground service coverage. By the end of this year, UPS will offer Saturday pickup and delivery services to areas covering half the US population. Saturday delivery was rolled out to a few select test cities earlier in 2016, but will now start expanding to other markets.
Logistically TMS Small Package
Logistically TMS, transportation software for shippers, 3PL’s and brokers, currently […]

By |March 3rd, 2017|Categories: Carrier News|Tags: , , |0 Comments

Roadrunner Reducing Transit Times

Roadrunner Transportation Systems was once a top choice for many Shippers and 3PL’s.  However, they’ve been considered an economy carrier for several years now. This has been due to reliability and service issues. In an attempt to win back customers, they’ve begun to focus on increasing quality, service consistency and reliability.

Roadrunner has reduced transit times, typically by one day, on routes between 155 cities to help make them more appealing.  This notable upgrade in transit time means […]

By |February 26th, 2017|Categories: Carrier News|Tags: , , |0 Comments