Parcel shipping rates expected to go up

A significantly higher amount of shippers expects a general increase in parcel shipping rates this year compared to last year. The number of shippers expecting a rate increase of maximum 5% increased from 30 to 50%.
 
This is one of the main conclusions of the semi-annual Courier, Express & Parcel (CEP) Benchmark conducted by LHC Consulting during the Spring of 2012. The CEP Benchmark compares contracted rates for parcel networks among large shippers for various service levels.
 
Next to the expectations of a general rate increase, the benchmark study also showed large variations in rate development over the past year. A number of lanes experienced significant rate decreases, while on other lanes substantial rate increases were identified. These variations show the importance and added value of benchmarking in gaining a better insight into the dynamics of the global parcel shipping market.
 
A summary of the study’s results can be found in the publication "Benchmarking for better insight into turbulent parcel shipping market". Apart from actual and expected freight rate developments, the publication also provides insight into qualitative trends related to procurement strategy, contracts and additional costs, service and sustainability.
 
Participants in the CEP Benchmark receive a company-specific benchmark report containing up-to-date, detailed information on the competitiveness of their parcel shipping rates. This information can subsequently be used by shippers during rate negotiations with current carriers and in freight tenders.

Quelle: eyefortransport

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