Behind every successful company are dedicated and talented individuals who drive progress and growth. Our employee spotlight series is all about introducing you to the exceptional members of the Reveel family. Get to know their unique backgrounds, discover their contributions, and gain a deeper understanding of the culture that makes
Today, most shippers are realizing that the parcel marketplace is subtlety nuance. In many cases, capacity demands have fallen, as e-commerce growth levels have eased, yet shippers remain frustrated with exponentially increasing prices. And to no one’s surprise, the Big Two carriers raised rates for 2024, announcing an identical 5.9%
In the heart of Colorado, Motion Flow & Control Products (MFCP) stands out as a powerhouse distributor, specializing in industrial products with a focus on hydraulics and pneumatics components. While their extensive product range and physical presence in over 60 brick-and-mortar locations across multiple states contribute to their success, the
The better-than-expected performance of the parcel shipping industry during this year’s peak season, which spans from Black Friday to Christmas, has been an encouraging sign of resilience and adaptability. This period is crucial for parcel shippers, as it’s when they handle the highest volume of shipments. This year, the industry
In the world of parcel shipping, financial compliance and governance rely significantly on two key elements: General Ledger (GL) coding and order matching. These fundamental processes streamline financial management and drive efficiency in shipping operations. GL coding and order matching are vital in parcel shipping for financial governance and accuracy.
Behind every successful company are dedicated and talented individuals who drive progress and growth. Our employee spotlight series is all about introducing you to the exceptional members of the Reveel family. Get to know their unique backgrounds, discover their contributions, and gain a deeper understanding of the culture that makes
Gaining a New Edge in Parcel Spend Management: How to Eliminate Wasted Spend with Paccurate and Reveel What does packaging have to do with parcel spend management? Paccurate and Reveel have teamed up to deliver actionable insights to shippers looking to reduce their transportation costs. This feedback loop empowers shippers
Behind every successful company are dedicated and talented individuals who drive progress and growth. Our employee spotlight series is all about introducing you to the exceptional members of the Reveel family. Get to know their unique backgrounds, discover their contributions, and gain a deeper understanding of the culture that makes
Behind every successful company are dedicated and talented individuals who drive progress and growth. Our employee spotlight series is all about introducing you to the exceptional members of the Reveel family. Get to know their unique backgrounds, discover their contributions, and gain a deeper understanding of the culture that makes
Behind every successful company are dedicated and talented individuals who drive progress and growth. Our employee spotlight series is all about introducing you to the exceptional members of the Reveel family. Get to know their unique backgrounds, discover their contributions, and gain a deeper understanding of the culture that makes
FedEx SmartPost, a familiar name in the world of shipping, underwent a significant transformation in early 2021, marking the end of an era in its 14-year history. As e-commerce boomed and consumer demands evolved, FedEx recognized the need to revamp its services. The result was the rebranding of SmartPost to
In the years since Reveel’s founding in 2006, we have seen and strived to accelerate thesignificant change in how companies and executive leaders view the singular role of shippers,and the important and often dramatic impact that shipping acumen has on financial results. Inany company that does business online, the role
Are you ready to take your parcel spend management to the next level? Join us on October 18th, 2023, at 2:00 PM ET for an insightful live webinar hosted by Reveel, a leading name in optimizing parcel spend management. In this one-hour session, we’ll delve into the four key success
The Parcel Forum 2023 in Nashville, held recently, was nothing short of a landmark event for Reveel. As one of the leading players in the shipping and logistics industry, we had the privilege of participating in a panel discussion on “The 4 Key Steps to Active Shipping Management.” This forum
Company Leader Recognized for Her Efforts in Helping Bring Pricing Transparency to the Parcel Shipping Industry Through Data Science IRVINE, Calif. – September 18, 2023 – Reveel, whose Shipping Intelligence™ Platform enables companies to level the playing field with carriers, today announced that Food Logistics, the only publication exclusively dedicated
On Tuesday, September 12, 2023 at 9:00 am CDT in room 301, Reveel CEO and co-founder, Josh Dunham, will be moderating a panel discussion on the topic of “Measuring Your Value: How Small And Medium-Sized Businesses Can Get The Most From The National Carriers.” Josh will be joined by other
UPS and the Teamsters have successfully reached a tentative labor agreement, potentially averting a strike that could have had severe repercussions for the US supply chains and the economy as a whole. The agreement, which is still subject to ratification by approximately 340,000 Teamsters members at UPS, comes amid a
MindWorks Innovations is best known for BrainMD, the leading brand of dietary supplements, books and resources devoted to, and focused on, brain health. Based in Irvine, Calif., the company is owned by Daniel G. Amen, M.D., celebrated psychiatrist and founder and CEO of both MindWorks Innovations and Amen Clinics, a
We had a great time in Philly last week at the 2023 Home Delivery World conference, where we caught up with old friends and made new ones among the industry leaders, clients and partners in attendance. It was a great opportunity to share how we are helping retailers thrive even
Reveel’s Shipping Intelligence™ Platform Provides the Leader for Sports and Entertainment Graphics With the Insights its Shipping Operation Needs to Drive Bottom- and Top-Line Results Rachel Mahrle is the owner, founder and CEO of ProfitNet, an award-winning bookkeeping firm that helps fast-growing companies improve core financial functions with scalable systems,
Reveel’s Shipping Intelligence™ Platform provided an easy way to vet potential additions to its portfolio, dramatically lower their shipping costs and increase enterprise value with no risk. With investments in more than 30 portfolio companies extending across a wide range of industries, from defense and manufacturing to retail, the private
In the shipping industry, relationships with unions are not as common as they were in past decades, but we still see their presence in a major way in the recent news with Amazon and–more recently–with the long-standing connection between Teamsters and the United Parcel Service. With contract negotiations beginning between
Whether companies are rushing to find savings among their high-volume shipping contracts, or leverage business intelligence to help them ship smarter, shipping in 2023 has changed dramatically from the industry we had pre-COVID. As the industry continues to supplement their operations with more flexible practices and still take steps to
Learn how Parcel Spend Management empowers the most popular, billion-dollar yoga apparel brand to transform its parcel shipping operation. https://youtu.be/Du7b3Eaa58I Read the Full Case Study
Over the years, the shipping industry has grown to include more than just UPS, FedEx, and the USPS. Today, there are more small and mid-sized carriers, last mile delivery services, and other supplemental service providers that continue to gradually change the landscape of shipping and how parcel carriers operate today.
Technology is transforming parcel shipping operations and the procurement of transportation in the supply chain. In previous blog posts we shared with you why the Reveel Shipping Intelligence Platform™ and more specifically the ability its advanced data science and modeling capabilities give shippers to optimize their parcel operations, compare contracts
If you thought “unprecedented” described the increases we saw from the two major carriers in 2022, this year’s FedEx and UPS GRI will turn that perspective on its head. As businesses of all sizes continue to scramble to find savings to offset the weight of these heavy annual increases, the
With the regular general rate increase of each major carrier hitting shippers year after year, there are a variety of shipping management processes and strategies anyone can implement to save both time and money, and minimize downtime or additional surcharges to help offset the rate increases. If you’re looking to
As a shipper, you’ve likely encountered the long list of accessorial fees and surcharges that major parcel carriers lean on for revenue. While this mountain of additional expenses may seem insurmountable, it’s one of the best areas to find savings on your shipping logistics each month, one of which is
Cerapedics is a global, commercial-stage ortho-biologics company that aspires to transform the standard of care for bone repair. The company’s mission is to develop solutions that aid in healing bones faster and at higher rates, without compromising safety, so that patients can live their healthiest lives. Bone grafts, including Cerapedics’
Now that 2022 has almost come to a close, it’s time to start preparing for the new rate increases that all the major parcel carriers recently announced. Since we’ve already discussed how FedEx increased their rates and introduced new surcharges, it’s time we look at our country’s other major carrier:
We’re nearing the end of Q4, so that means all the major carriers have announced how they plan to change, introduce, and increase their rates for the 2023 year. As one of the largest carriers worldwide, FedEx is relied on by shippers across the continental U.S., so their rate increases
For many years, shipping consultants have largely operated under a gain share business model in which they received a percentage of the savings they uncover. This percentage, the consultant’s pay if you will, stemmed from a variety of sources, among them savings generated by the more favorable shipping contracts with
Parcel carriers hold much of the power in the shipping industry by controlling the rates we pay, changing the services they offer, and by contributing to your customer’s experience with you. So, it’s only safe to assume that they control our contracts with them, right? Not quite, but that’s not
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
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 23,
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
Carrier Contract Negotiations: 8 Effective Tips To Consider With industry outlooks like parcel shipping becoming even more expensive in 2022, contract negotiations are more important than ever. Failing to negotiate your carrier contracts could be the difference between a healthy margin and losses. This article will go over eight carrier
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
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
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 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 the
2021 presented logistical challenges for businesses across the board. Rising inflation, shipping delays, and labor shortages are just a start to the laundry list of problems that created the perfect storm for an unpredictable shipping environment. And amongst the chaos, FedEx continues to pass on these challenges to their customers
With FedEx and UPS seeing greater demand for parcel shipment volumes than ever before there’s no question it’s a difficult negotiation climate; however carriers are making agreements. Now is the time for all shippers to negotiate their 2022 contracts. It’s never been more important to be informed and prepared in
It is right to assume that current market conditions are driving up the cost of shipping, but rate increases are nothing new to the world of shipping. In fact, UPS implements a general rate increase, or GRI, year over year. Let’s take a look at what this entails. The General
UPS announced their general rate increase for 2022 and it’s a hefty average of 5.9%. To no one’s surprise, it matches the same substantial jump FedEx announced earlier this month. UPS’ average rate increases have gone hand in hand with FedEx’s for many years, which also makes this the biggest
On Tuesday, October 26th, UPS announced an annual rate increase of 5.9% for 2022 on their earnings call. Last year, we saw a 4.9% increase in shipping prices that affected businesses’ across the country. If shipping is an integral part of your business, you need to know how this will
What do you get when two last-mile delivery services join forces? We’re not sure yet… LaserShip acquired OnTrac Logistics for $1.3 billion. Combined, they’ll become the largest regional parcel carrier in the U.S. With LaserShip’s foothold in the East Coast and South and OnTrac servicing the West Coast, only ten
Consider this: farm-fresh peaches delivered to your door in just two days, tasty pecans right in time for the holidays—all without a trip to crowded grocery stores. That’s what you get when you order direct from Pearson Farm. Based in Georgia, the Pearson family has been tilling the soil for
With the end of the year just around the corner, FedEx has announced their 2022 General Rate Increases. Retailers and high-volume shippers beware: this year marks the highest GRI average rate increase since 2013 with the average rate increase for FedEx in 2022 sitting at 5.9%. This is a substantial
Challenge A premier manufacturer of remote controlled cars, RedCat Racing didn’t think they could do much to improve their rates with UPS. Because the company was heavily backed by a venture capital firm, however, they were constantly looking for ways to manage costs more efficiently. Like many Reveel clients, RedCat
With quick growth comes quickly growing expenses. The KNIPEX team has partnered with Reveel for several years to maintain a strategic eye on their data and keep their shipping costs low.
Canada Border Services Agency launched their CARM Initiative with Release 1, which highlights their CARM Client Portal (CCP). With CCP, the collection of duties and taxes can now be done online through the portal.
Challenge With no fewer than 91 locations across the United States, Alliant Insurance Services was dealing with a challenge faced by many widespread businesses. Each location had its own unique shipping spend, which meant that the company’s central accounting department had to process 91 different weekly invoices from FedEx. Needless
THE INTERSECTION OF SCIENCE, EDUCATION & CRAFT What began as home brewers searching for higher quality yeast, quickly grew into a team of dedicated biochemists exploring new ways to advance brewing altogether. Today, White Labs stands at the intersection of science, education and craft. Constantly striving for perfection, and in
This is the second surcharge increase this month from FedEx. This time the surcharges are on U.S. Express and Ground services and Ground International. Additionally, the peak fuel surcharge tables have been updated to reflect a higher fuel surcharge. If you’re worried about how this might impact you, the Reveel
As COVID-19 was beginning to impact the global supply chain, FedEx responded in April 2020 by implementing a surcharge on all FedEx Express® and TNT international parcel and freight shipments beginning April 6, 2020. This surcharge made logical sense as containment restrictions among the various countries around the world disrupted the global
What was it like working at FedEx? Although he enjoyed the job, our VP of Operations Nick Nowaczyk noticed a few things that didn’t sit well with him. One, FedEx and UPS charged the same amount to ship comparable packages—down to the penny—despite the many different variables in the two
On March 23, 2020 FedEx announced the suspension of the Money-Back Guarantee program for all FedEx Express, FedEx Ground, FedEx Freight and FedEx Office services as the onset of the COVID-19 pandemic began disrupting the shipping industry. The suspension of their Money Back Guarantee was implemented immediately and until further
Today, April 5, 2021, UPS has officially begun the process of reinstating the Service Guarantee across their organization after over a year of its suspension. Currently, the Service Guarantee applies to all UPS Next Day Air services and UPS Worldwide Express services with the guaranteed delivery time extended to end-of-day for UPS Next Day Air Saver®.
FedEx and UPS invoices are notoriously hard to read. Whether that’s by design or not, it makes it hard to audit your invoices. You may realize your costs are going up, but you don’t know why. That’s what we’re here for. Shipping contract negotiations are a big part of our
How much does culture matter to you? For family-owned apparel company Faherty, it matters a lot. Even when considering a shipping intelligence partner. Michael Chen, the brand’s Director of Supply Chain, has been successfully managing Faherty’s shipping operations and negotiating their shipping contracts internally. However, their growth meant they were
