Results published by the Canadian General Freight Index (CGFI) indicate that the total cost of ground transportation for Canadian shippers increased by 0.75 percent in February when compared with January results.
Global forwarding group DB Schenker says it has taken a fresh look at the modes of transport usually chosen for moving freight around Asia and switched to a more efficient multimodal option which it has christened the "Asia Landbridge."
Ninety-three percent of companies canvassed said the fuel surcharge (FSC) is the most common accessorial published by shippers, with the vast majority utilizing a cents-per-mile-based schedule versus a percentage-based fuel method.
Spot market freight availability rose 10 percent in December 2013 compared to November, according to the DAT North American Freight Index, capping two quarters of unusually strong seasonal volume. Typically, freight levels peak in the second quarter of the year, fall in Q3, and remain low through year end. This year, a high plateau remained through most of the second half of 2013, according to the company.
Both global and domestic supply chain networks will need to become more resilient and reliable in order to better manage more volatile demand as well as pressures on margins, according to recent analysis by two consulting firms.