Posts Tagged “less-than-truckload”

Modernized Base Rates Simplify LTL Price Contracts

Today’s top LTL carriers have different network needs and service offerings, and that is reflected in the way they calculate LTL shipping rates. Without a neutral, standardized pricing foundation that takes shifting freight flows and modern market pressures into account, it’s impossible for customers to accurately and reliably compare one LTL carrier to the next. Shippers and logistics services providers can simplify their LTL pricing with a modern base rate that reflects the country’s demographic profile and the flow of domestic freight.

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How do logistics and supply chain conferences complement supply chain on-the-job training?

The optimal way to understand the intricacies of today’s supply chain environment is to participate in an educationally focused transportation conference. Events hosted by a reliable company with decades of industry expertise arm attendees with new supply chain ideas and transportation tools.

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How do automated volume LTL pricing solutions help the logistics community?

Volume LTL is a valuable feature of today’s supply chain because it fills the gap between LTL and truckload transportation. It can really be looked at as a mutually beneficial arrangement among shippers and carriers. These shipments can move in a carrier’s backhaul or chronic empty lanes, helping to balance the carrier’s network. The pricing is derived from transactional spot-market rates, which are often lower than contractual rates, saving shippers money.

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