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Logistics Outlook: Overcoming Challenges in an Era Of Rising Rates

Mike Notarangeli, Maine Pointe’s EVP, Logistics, discusses some immediate steps transportation providers need to take to maintain competitiveness as market, industry, and legislative issues force rate rises.

This Maine Pointe insights paper for CEOs and supply chain leaders considers the following:

  • The factors that industry leaders believe will drivie an increase in freight rates
  • The steps industry leaders can take to prepare for rate increases
  • The potential benefits derived from building a collaborative, end-to-end supply chain
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What's in this eBook?

Dealing with rising transportation rates
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Bundling more work with fewer suppliers

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Building a collaborative, end-to-end supply chain

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Introduction

Mike Notarangeli, Maine Pointe’s EVP, Logistics, discusses some immediate steps transportation providers need to take to maintain competitiveness as market, industry, and legislative issues force rate rises.

For the last couple of years, there have been constant murmurings among logistics providers about an impending rise in rates. It’s safe to say that threat has now become a reality.

Market, industry, and legislative pressures have created a perfect storm of factors that are driving rates upward. An improving global economy is affecting available capacity, a demographic shift has reduced driver availability and, in the US, legislative issues such as electronic driver logs are causing shippers to scramble to arrange capacity for present and future needs. UPS and FedEx Parcel have already informed their customers of a 4.9% annual increase with many others expected to follow suit.

eBook: Overcoming Challenges in an Era Of Rising Rates

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