Definition
Additional fees for extra services provided during transportation.
Learn more about Accessorial Charges
Latest TD Cowen/AFS Freight Index shows tumbling truckload rates, cooling LTL costs and conflicting forces are pressuring parcel rates.
Latest Cowen AFS Index shows effects of macroeconomic conditions, carrier pricing strategies on transportation costs across modes.
Cowen/AFS Index points to freight costs under pressure due to the economy, holiday peak and parcel rate increases.
Leading carrier executives say a key strategy for staying on top is creating a company culture that “sets the tone for everything and everybody.” Investing in new equipment, driver training and salaries doesn’t hurt either.
Cowen/AFS Freight Index sees continued rising shipping costs across all modes of transportation through the first quarter of this year.
The most pricing pressure for the carriers is on the bulky, oversized, pieces some which require additional handling. The two big integrators are in “a race to see who can be the most expensive,”
Inland ports and short haul rail are quickly becoming a solution to age old supply chain issues
A recent study issued by non asset-based third-party logistics (3PL) services provider Transplace sheds light on the many freight-related accessorial charges supply chain managers must pay.
The United States Postal Service, a competitor in the two- to three-day air market also increased rates late last year.
Leading manufacturing and retailing companies are leveraging technology improvements for greater supply chain efficiency, leading to increased profits and smoother, cheaper transportation costs