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Reveel Joins the 2022 Inbound Logistics 100!
We’re pleased to share with you all that Reveel was recently named an Inbound Logistics Top 100 Logistics IT Provider for 2022! Our team here at Reveel remains laser-focused on helping customers to understand the complexities of their shipping data – and how they can best utilize it to improve their bottom
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UPS Q1 2022 Earnings: It’s All About Price
On April 26 UPS announced its first quarter earnings for 2022. While there were some disappointments for the company – average daily volume in the U.S. domestic market decreased by 3% and average daily international shipping volume decreased by 6.7 % – revenues continued to soar. In the U.S. domestic market revenue
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Top 5 Ways to Reduce Shipping Costs
Even in ordinary times, shipping costs make up a significant portion of a business’s expenses. However, when the COVID-19 pandemic disrupted supply chains, shipping costs worldwide skyrocketed. According to McKinsey, shipping a container from China to Europe costs up to six times more now than it did at the beginning
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Understanding Fuel Price Increases and their Effect on Shipping Costs
Fuel prices are rising – and they’re starting to have an effect on what you pay carriers to ship goods to your customers. Inflation was already raising the cost of doing business, and that, combined with the large general rate increases the big two carriers had announced, already meant you’d be likely spendin
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2022 GRI Impact Analysis
The Yellow companies, including Reddaway, Holland, YRC Freight, and New Penn carried out a 5.9% general rate increase (GRI) in base rates for non-contractual shipments in Canada and the US. Effective November 8, 2021, this GRI aims to balance the economic impact of rising supply costs and new rules across the shipping
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FedEx contractors are at a breaking point as fuel prices continue to spike
The supply-chain crisis and the e-commerce boom of the last two years have resulted in record earnings for FedEx, but it has also presented numerous difficulties. Despite adopting a contractor strategy designed to reduce spending, the multinational logistics company has struggled to cut costs. This spells bad news for
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Recent Posts
Reveel Joins the 2022 Inbound Logistics 100!May 12, 2022
UPS Q1 2022 Earnings: It’s All About PriceMay 2, 2022