The Surface Transportation Board (STB) ruled this September that four class I railroads—the BNSF, Norfolk Southern, Union Pacific, and U.S. affiliates of Canadian National—were “revenue-adequate” for 2014 which means they have achieved a rate of return on investment that is at least equal to the average cost of investment capital. Although the “revenue adequacy” discussion is lengthy and complex, it is an important topic for shippers.
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Pricing documents are complex and contain a multitude of information. For those who think contracts or tariffs only contain the rate from point A to point B, think again.
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Pallet rates can be a very cost-effective alternative to regular LTL rates. Most programs provide a flat fee per pallet and are usually subject to weight or pallet size restrictions.
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Dr. Summer Bartczak will serve as Chief Knowledge Officer overseeing strategy development and education and training programs.
