5 Shipping KPIs to Monitor & 1 That Never Works
With more and more new businesses emerging every day and contributing to the already competitive market, it’s vital to monitor the factors that contribute to your growth and keep you accountable for your success. However, with all that you have on your plate, how are you supposed to know which aspects of your shippin
FedEx’s Q4 Earnings: Revenues, RPP and Fuel Surcharges Continue to Increase￼
If the carriers’ earnings calls increasingly leave you with a sense of déjà vu, you are not alone. Regardless of shipping volumes, macroeconomic conditions or geopolitical events, revenue increases for carriers and price increases for shippers are the new normal. FedEx’s Q4 and FY 2022 earnings reported on June 2
Shipping vs. Logistics: What’s the Difference?
We often use the terms shipping and logistics management interchangeably, so it’s easy to think that they address the same subject. While both discuss the planning, implementation, and execution of the shipment system, there is a big difference between the two. No matter if your business focuses on serving B2B or B2C
Are the Days of Free Shipping Numbered?
During the pandemic, skyrocketing e-commerce rates accelerated the evolution of consumer expectations, among them many set in motion by Amazon, including free delivery, next-day deliveries and in many markets, same-day deliveries. Now FedEx and UPS’s efforts to radically increase their profits are impacting retailers
When Is It Time to Renegotiate Your Carrier Agreement?
Effective 2022, major carriers UPS and FedEx will implement a 5.9% increase in their base rates from a 4.9% the previous year. With these annual increases becoming the norm, it’s vital to assess whether it’s time to renegotiate your carrier agreement. However, it’s not uncommon for business owners to feel stuck w
How Do You Compare to the Best? 14 Essential Shipping KPIs to Target
The pandemic may have disrupted the global supply chain, but eCommerce is booming. Ecommerce sales are expected to reach $5.5 trillion by 2022, and the shipping industry is expected to grow along with it. To keep up with the competition and ensure shipments are running smoothly, you need to track the right shipping key