Less-than-truckload carriers use general rate increases (GRIs) to make adjustments to base rates. The increases are applied to general tariff codes and vary by lane and weight tier. Some LTL pricing agreements with shippers work off a base rate schedule and utilize account-specific negotiated discounts. The base rate will increase when a GRI is taken […]
Archive for January 7th, 2022
Omicron adding to trucking capacity woes
The fast-spreading variant of COVID-19 likely won’t affect trucking as much as warehousing and aviation, but its indirect impact will put more pressure on already high trucking costs.
T-5 reopening gives NWSA much-needed capacity boost
The Northwest Seaport Alliance is preparing for additional container and intermodal volumes with the opening Friday of the first phase of Terminal 5 in Seattle.