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What Are General Rate Increases in Shipping & What Should Enterprises Know?

Intelligent Audit

In modern freight transportation services, GRI stands for General Rate Increase. As a shipper, it’s impossible to avoid rate increases at times, and while freight invoice audits help to catch errors, not knowing the facts behind GRIs will only open the doors to risk. GRIs for 2021 and Prospects for 2022.

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Freight Payment Best Practices to Enable Cost Control

Intelligent Audit

With ongoing recovery firmly in progress across multiple industries, one of the most significant challenges facing freight forwarders, supply chain managers, and transportation service providers is the issue of payment and freight bill payment service management. Standardize Shipping Cost Audits for Apples-to-Apples Comparisons.

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How to Optimize Your Supply Chain Through Actionable Analytics

Intelligent Audit

As highlighted by Transport Topics in a January 2022 article discussing freight shipping analytics, “ Data shows total truckload rates year-over-year are holding around 12% higher. That compares with a 29% rate increase in the spot market and a 14% rate increase for contracts in 2021.) They are forecast to grow 2.5%