Why on earth would the trucking industry want to raise the federal diesel fuel tax? Turns out the American Trucking Association has good reasons. They are proposing raising the federal fuel tax for diesel by 6.3 cents per gallon while dropping the 12 percent federal excise tax for large trucks. Funding the Highway […]
A general rate increase or GRI is an average increase in rates across the board; however some areas may be affected more than others. This year there have been several general rate increases by regional and national LTL carriers. These GRIs have usually been in the range of 4-8%. The good news is that […]
Staying up to date with transportation pricing not only helps you in the present, but it also can help you with forecasting. Here are some trends in pricing in the transportation industry currently. Trucking The trucking industry saw a 1.1% drop in average pricing in June. This was the first decline in price after […]
Air freight prices remain relatively low despite a small gain in April. This small gain made up for some of March’s losses, which were significantly higher than expected. Considering the history of air freight prices, today’s market still leans towards a buyer’s market. Research agent, Dewry’s, East-West Air Freight Price Index, which is a weighted […]
We covered UPS GRI schedules in the past see our original UPS FREIGHT GENERAL RATE INCREASES THROUGH THE YEARS blog for a breakdown. If you weren’t paying close attention to the latest announcement from UPS (United Parcel Services) you might have missed that UPS Freight LTL rates are going up. Most of the buzz around […]
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