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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. FedEx Freight shipping rates will increase by an average of 4.9%

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LTL Carrier Profile: FedEx Freight

The Logistics of Logistics

LTL Carrier Profile: FedEx Freight. FedEx Freight is the largest less than truckload (LTL) carrier with approximately $5.3B FedEx Freight has a market share of 14.9%. FedEx Freight’s revenue includes FedEx Custom Critical. FedEx Freight is one of 7 operating units owned by FedEx Corporation. Virgin Islands.

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LTL Carrier Profile: YRC Freight

The Logistics of Logistics

LTL Carrier Profile: YRC Freight. YRC Freight is the third largest less than truckload (LTL) carrier with approximately $3.2B YRC Freight has 9.2% YRC Freight is the largest subsidiary of YRC Worldwide Inc. LTL Carrier Profile: YRC Freight Equipment & People. LTL Carrier Profile: YRC Freight Service Area.

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LTL Carrier Profile: UPS Freight

The Logistics of Logistics

LTL Carrier Profile: UPS Freight. UPS Freight is the fourth largest less than truckload (LTL) carrier with approximately $2.4B UPS Freight has 6.9% UPS Freight is based in Richmond, Virginia. UPS Freight is a business segment of United Parcel Service, Inc. LTL Carrier Profile: UPS Freight Services.

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LTL Carrier Profile: Old Dominion

The Logistics of Logistics

Old Dominion also provide ocean freight service including full container load (FCL) and less-than-container load (LCL) service offerings. Old Dominion ’s service area includes all of the United States including Alaska, Hawaii, Puerto Rico, U.S. Virgin Islands and Guam. Old Dominion also offers a super regional.

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Doing Business in the United States

QAD

The last two states added were Alaska and Hawaii in 1959. Virgin Islands, the Northern Mariana Islands and 11 uninhabited or sparsely inhabited territories, which are mostly small islands. Annual freight traffic equaled about 37.22 It is bordered by Canada to the north and Mexico to the south.