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Supply
Chain by the Numbers |
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- Sept. 29 , 2011
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A Lot Still Made in the USA - for Now; Quick Fill Ups for Fuel Cell Fork Trucks; Commodity Prices Tumbling; Truckers Planning Accessorial Strategies
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11.5% |
The approximate drop in the Reuters-Jefferies CRB Index representing a basket of different commodities so far in September, as concerns about the overall economy, what looks like a stall in China's growth especially, and a strengthening US dollar have combined to push prices down. That puts the index down almost 10% from the beginning of the year, even after the sharp rises in most commodities during the Spring period. That's good news for companies that had been hurt by rising input costs. Metals are down especially hard, oil less so but still well down, and agricultural goods down but by lesser percentages. Food inflation is still a threat.
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Number of truckload carriers that plan to increase their use of accessorial chargesto drive revenue in their next rounds of negotiations with carriers, according to a new study by the analysts at Transport Capital Partners. Those accessorial fees include detention charge and fuel surcharges, and mileage standards (e.g., from shortest miles to actual miles driven). Shippers, get your negotiating hats on!
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