It seems like everyone is looking for ways to lower business expenses, in several areas; insurance, rent, taxes, and unfortunately employees. All of those areas often require significant business process changes. One that does not is cutting your freight costs. This article speaks to inbound freight costs only. There is also an excellent article by [...]
I don’t know how you felt but when UPS released their earnings yesterday I was shocked. I literally had to take a Xanax to calm my nerves. Every one of my customers believes it is getting the best deal but guess what? None of them really know for sure! Read on.
How Was Your Profit?
During Q4, [...]
The current economic climate is sending mixed signals. Some believe the recession is over but layoffs still abound and hiring is limited to very few sectors. For many, 2009 is the year of survival. America’s top executives continue to cut expenses using conventional means but still avoid the “low hanging fruit” of lowering shipping costs that could threaten their very survival.
Transportation companies are feeling the affects of the great recession and some will fail during the next 6 to 12 months. To meet the operational demands of their respective businesses, the small package duopolies (UPS/FedEx) will be increasing base rates in January at a rate approximately three times inflation but that won’t be enough to meet the needs of the hundreds of thousands of employees, planes, trucks, salaries, wall street investors, marketing expenses, and other infrastructure costs.
