Archive for the “Freight” Category
Authored by SMC³ on June 20, 2018
A truckload carrier recently ran into difficultly when it tried to establish the profitability of each client. By using SMC³’s activity-based freight costing model, the carrier was able to establish an operating ratio for each customer. Today, the carrier is using the shipment costing solution for transportation pricing and to quote new supply chain business.
Authored by SMC³ on October 19, 2017
The National Motor Freight Transport Association’s Commodity Classifications Standards Board makes occasional updates to its voluminous classification system. These revisions are needed to guarantee the unrestricted flow of commerce. To adapt to the frequent NMFC amendments and to provide customers with the most up-to-date solutions, SMC³ sends out occasional updates to its market-leading FastClass software.