Freight Costs, Fuel Prices, Industry Information, Shipping to Canada
Why Transborder Fuel Surcharge is Lagging behind the Fall in Fuel Prices
Over the last 12 months, we’ve experienced a dramatic decline in fuel prices for the US DOT National average. A 30% decline in the last 12 months. We often get the question: so why aren’t transborder fuel charges falling so dramatically? Here’s the answer:
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Freight Costs, Industry Information
How far on $500 worth of diesel fuel?
Ever wonder how far a truck can travel on $500 worth of fuel and how that has changed over time with the rising cost of fuel? This infographic is a visual representation of approximately how far a truck could travel for the same dollars in fuel over the last decade.
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How Your Canada US Freight Costs are Affected by the Decline in Canadian Manufacturing
The Change in the Canadian Economy Canadian Manufacturing has been declining for over a decade. Jobs have switched to service industries or resource based production. Meanwhile, the imports from China have increased. If you’re in the freight business you should care about these trends because they affect your Canada US…
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Best Practices, Freight Costs, Industry Information
Best Strategies for Reducing Freight Costs in Canada
When freight rate bids are yielding diminishing returns on savings, you’ve probably exhausted all the savings you’re going to derive from competition among carriers and transportation companies. At some point the carriers have gone as low as they can with their freight rates. So what now? You have to take cost out…
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