White Paper: The Rx for a Healthy Freight Budget

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Is it time to revise your 2011 freight budget?

Freight costs in January 2011 were already running 6% to 8% higher than 2010. And with the end of February drawing near, the question isn't if freight costs will continue to go up, the question is: How much higher will our freight costs rise in 2011?

Even though it is only February, some companies are revising their freight budgets to reflect the sudden and impending increase in freight costs.

This White Paper, The Prescription for a Healthy Freight Budget, addresses how shippers can overcome the threat of rising costs to meet and maintain a healthy freight budget. As part of this discussion it is important to understand what is driving the sudden spike in transportation costs and what shippers can do to mitigate the impact of rising costs.

Given everything that is happening in the industry today, as well as things that are likely to happen throughout 2011 and 2012, we recommend that shippers go back and review their freight budgets for 2011 and 2012 to determine if they accurately reflect the cost of freight in today's transportation environment.

Your time is valuable, and you may not have the time right now to look at your freight budgets. For those who are concerned about rapidly rising freight costs, we'd encourage you download the White Paper and share it with the members of your team.

If you're interested in some additional strategies to reduce freight costs, we can help. As always, we'd welcome your feedback and if there are issues or topics you would like us to address in future publications let us know. We'd love to hear from you.