Trucking hauling rates are volatile and ever-changing—and based on multiple influences. Some of these influences are controllable and others are not, with the majority fitting into the noncontrollable category. There are fuel prices, costs of doing business, driver pay, etc. Then there are broad market forces, competition for loads, other specific market forces such as […]
“Carrier networks are changing more quickly than they used to,” Broadhurst said, as assets are redeployed and dedicated to new customers. “It’s getting hard to know which carriers are optimal for certain lanes because carrier networks are changing so rapidly too,” he said. That’s making already complex supply chains more complex and posing tough decisions […]
BLOOMINGTON, Ind. – Trucking rates in the US will increase by about 4% this year, according to a projection from industry forecaster FTR. In its monthly State of Freight webinar, FTR transportation economist Noel Perry, said truckload contract rate increases could take hold as early as the first quarter of this year. The spot market […]
Flipkart India’s largest eCommerce company is going to introduce a new discount pricing model based on popular American e-commerce company Jet.com’s smart cart services which encourages consumers to pick multiple items which can be shipped in one box to save delivery charges. Flipkart is planning to start this services from January 2017 from New year, ET told […]
Uber’s move could affect the trucking industry by bringing its advanced web-based platform to a sector that has traditionally been reluctant to embrace modern technology. The launch could also force change in the industry’s market structure should Uber apply its “surge pricing” strategy to freight rates. Uber is known in the ride-hailing industry it developed […]
Chris Jones, the EVP of Marketing and Services at Descartes, made this point in a Logistics Viewpoints article on home deliveries, “Not all customers or orders are created equal so why not offer home delivery options that way too? For instance, your ‘type A’ customers get more delivery options than your ‘type C’ customer. The […]
Still, Uber seems to be moving awfully fast—Otto only just made its first commercial delivery with a self-driving truck, and by all accounts it’s still very much a fledgling company. Trucking in the U.S., by contrast, is enormous: in 2014, 11 million large trucks drove over 279 billion miles. Perhaps in acknowledgement that it’s going […]
Driven by e-commerce, the parcel segment in mature markets like the U.S. or Germany is growing by seven to ten percent annually. By 2025, this volume is expected to double in the U.S. – with around 25 billion parcels being sent each year. “Fast delivery is being requested more and more. Customers below the age […]
There is so much that goes into today’s freight rates. In addition to all the variables, there are contract and spot rates. This addresses spot rates. The classic definition of a freight rate is a “price charged by a transportation carrier for moving an item or items from point A to point B. Actual amount […]
The price of a launch with a reused booster, at least initially, is also an open question, SpaceX officials said. Shotwell said she hopes SpaceX can realize a 30 percent cost reduction when flying Falcon 9 missions with a first stage out of the company’s inventory, and not fresh off the assembly line. SpaceX currently […]
Pricing News Daily is a digest of top pricing strategy in the news, strategy expert and technology leader’s thought leadership, industry news and events, and resources for pricing professionals, business owners, creative professionals, and independent contractors. This Edition is brought to you by: SPOSEA B.V. SPOSEA B.V. drives increased profitability for SAP users by SIMPLIFYING […]
This Week in Pricing > 7/15/17
This Week in Pricing is a recap of the week’s best pricing focused news, strategy expert and technology leader’s thought leadership, industry news and events, and resources for pricing professionals. This Edition is brought to you by: SPOSEA B.V. SPOSEA B.V. drives increased profitability for SAP users by SIMPLIFYING SAP’s Price Data Optimization, Management and Execution. […]
Smartphone Market Competition Will Keep iPhone 8 Prices Below $1,200 | eWeek
There’s no question that an Apple iPhone is an expensive device. The cheapest iPhone 7 will set you back $649. A fully tricked-out iPhone 7 Plus costs $969, which is really expensive for any smartphone. But if mobile market blogger’s prediction becomes reality, the iPhone 8 prices will reach a record high when it’s introduced […]
Strikes stall normal life in district | The Hindu
While the dealers would refill their stocks on Wednesday, the shortage is expected to continue for another day. According to Thiruvananthapuram District Petroleum Traders Association secretary P.K. Biju, the stir has been organised in protest against the alleged discrepancies in the dynamic pricing system of petroleum products and the alleged failure of oil marketing companies […]
Pricer’s Points: The Impact of Global Changes on Pricing | Jesper Hansson
We want to hear from you and how you see this impacting your daily activities. Dr.Stephan Liozu and Dr. Andreas Hinterhuber are conducting this short survey with PPS on the topic of global pricing. The results will be published in the Journal of Professional Pricing and the Journal of Revenue and Pricing Management. The survey […]
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