What Are Drayage Fees? Drayage fees are a lot like taxes: widely disliked and unavoidable. It is normal for shipments to get hit with all of these fees from the point of origin to the destination. You see, you are not only going to pay freight fees, but you are also...
This Is How To Get Transparency Together with fuel, freight makes up nearly two-thirds of logistics costs. If you are one of the many retailers reeling from the economic fallout from the coronavirus pandemic, the last thing you need is to pay high freight rates....
Put on Your Cape! Use Negotiation Tactics To Lower Freight Rates Most trucking companies are facing a dramatically declining demand for their services due to the coronavirus pandemic. Many people have cut spending in half or more in the wake of massive shutdowns that...
How Big Is The Logistics Industry? The logistics industry size is enormous, contributing up to 10% GDP ($2 trillion) in the U.S. & about 12% ($9.6 trillion) globally. The projected growth rate is 5% through 2023. 3PLs are handling more now as well, $213.5 billion...
Your transportation management system (TMS) can save your organization a significant amount of money by reducing freight spend. What are the benefits of TMS? Companies indicated an 8% savings due to a TMS in the results of a survey conducted by ARC Advisory Group. 60%...
Get expert transportation & logistics tips straight to your inbox. Learn how to lower costs while improving your service. Subscribe to the GoFMI blog & get promotions as well.
