GRI

The new edition of the TD Cowen/AFS Freight Index, which was recently released by New York-based investment firm Cowen Inc. and Shreveport, La.-based 3PL and freight audit and payment company AFS Logistics LLC, highlighted mixed readings, as well as expectations, for truckload, less-than-truckload (LTL), and parcel activity, from the third quarter to the fourth quarter.

Keeping in line with recently announced rate increases made by its chief rival FedEx, Atlanta-based global freight transportation and logistics services provider UPS this week announced its own 2024 rate increases this week, which are set to go into effect on December 26.

2022, and it added that some optional services and surcharges will also head up. Specific details, regarding the pending rate hike, were not made available, with the company saying that a guide to the 2022 rates will be published when it is made available.

Earlier this week, Atlanta-based freight transportation and logistics services bellwether announced published rates for 2020. UPS officials said these new rates will go into effect on December 29, 2019, saying “the published rates for our services will increase. This supports ongoing expansion and capability enhancements as we strive to maintain the high service levels you expect from UPS.”

Earlier this month, UPS Freight, the less-than-truckload subsidiary of Atlanta-based transportation and logistics bellwether UPS announced general rate increases (GRI) that went into effect on February 18. The GRI, which applies to non-contractual less-than-truckload (LTL) shipments rated on the current UPS Freight 525, 560, 570 and 571 tariffs, is 5.9%.

UPS announced yesterday that it has rolled out its 2016 rate increases for various service offerings.

Con-way Freight, the less-than-truckload (LTL) subsidiary of transportation and logistics service provider Con-way, recently announced it plans to implement a general rate increase for non-contractual freight, effective October 19.

The time has come again for less-than-truckload (LTL) general rate increases (GRI), with various carriers recently announced their respective rate hikes in recent days.

They are an annual rite of passage, general rate increases (GRIs) in the less-than-truckload (LTL) sector of the trucking industry. But is anyone paying attention? And more importantly, is anyone actually paying these announced GRIs, this year in the 3.9 to 5.4 percent range?

The Ann Arbor, Michigan-based carrier said earlier this month that effective March 31 a 5.4 percent GRI will take effect.

UPS Freight, the less-than-truckload subsidiary of UPS, recently announced it will implement a 4.4 percent general rate increase (GRI) that will take effect on March 31.

It’s the season for general rate increases in the LTL industry—those annual hikes for non-contract shipments that hardly any shipper in the nation pays.

Much has been written and said about the less-than-truckload (LTL) sector on this Web site and in the pages of this magazine. Make no mistake, though, the sector these days is in a much better place than where it was not all that long ago.