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"Benchmarking Transportation Rates and Services"

Transportation expenditures account for more than half of total logistics costs. In fact, as a national average, transportation costs consume 6% of corporate revenues. How much are you spending as compared to companies with similar parcel characteristics and delivery standards? How do you know if you are negotiating favorable rates compared to your peers? Whether your distribution operations are in-house or outsourced, a comparison against professional benchmarks can be a valuable tool for determining a logistics strategy. In this session, you will learn how to perform numerical and qualitative transportation benchmarks.