As a CFO or finance leader managing high-volume shipping, keeping track of your bottom line has never been more important. With rising labor costs, volatile fuel prices, and economic pressures, even a small leak in your finances can significantly impact profitability. One of the most common yet overlooked areas where you can lose substantial money…
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The National Motor Freight Traffic Association (NMFTA) is set to make significant updates to LTL (Less-Than-Truckload) freight classifications, a change that will impact both shippers and carriers across the industry. Starting in 2025, the NMFTA will roll out a streamlined, density-focused classification model under Docket 2025-1, aiming to simplify the current system, reduce classification disputes,…
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As the holiday season approaches, it's essential to plan ahead for shipping needs. Many carriers adjust their schedules during the holidays, impacting delivery timelines. To help you stay on track, we’ve compiled a summary of the major carrier holiday schedules, allowing you to make informed shipping decisions for your business or personal needs. Key Takeaways…
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Accessorial fees can make up 5% to 10% of your total LTL billing. Depending on the volume of freight you move, this can be substantial. While these fees are a normal part of the shipping business in many cases — and typically known upfront — they can sometimes come as a surprise. And, unfortunately, billing…
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It should be simple. You accept a quote for a shipment, prep it for transport, and get an invoice when the job is done. Yet, all too often, the invoice doesn’t quite match the quote. When there are errors, it creates more work to file disputes. Even when you win a dispute, it’s costly because…
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The North American freight market is grappling with significant challenges in the aftermath of the International Longshoremen’s Association (ILA) strike, Hurricane Helene, and most recently, Hurricane Milton. While the recent port worker deal offers a glimmer of relief, supply chain disruptions remain a pressing concern. Impact of the ILA Strike The ILA strike, which resulted…
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