With another freight payment provider filing for bankruptcy, it is a useful time for shippers to take a closer look at the way they utilize payment vendors and how those vendors facilitate transactions. IPS Worldwide LLC has sought bankruptcy protection on liabilities north of $100 million to address “creditors becoming antsy,” according to the representing bankruptcy lawyer. Assets listed amount to only $50,000.
Feb 08 In Articles2 years ago
The IPS Bankruptcy: An Opportunity to Re-evaluate Freight Payment
Jan 31 In Articles2 years ago
UPS Execs Refer to 2019 as a “Pivot Point” During Q4 Earnings Call
The tone of the UPS 4Q18 earnings call was uniformly upbeat as strong metrics were revealed one after another. Volume, revenues, earnings per share, and operating margins all went up in the fourth quarter. Comments around peak season performance were far more cheerful than last year as well.
Sep 20 In Articles2 years ago
Consumer Shipping Options and Fees: Lessons Learned from a Big Specialty Retailer
In the frothy battle for online customer loyalty, shipping choices and amounts charged for those choices is a highly influential front. Retailers have been grappling with this changing landscape for years as online disruption continues. Green Mountain Technology has combined the specific experience of its retail clients along with a multitude of other companies across industries in our annual Benchmark Report to understand strategies for differentiation in this dynamic space.
Sep 18 In Articles2 years ago
What a Pain in the Accessorial: How to Best Evaluate and Anticipate the 2018 Surcharge Increases
We live in a parcel world where accessorial increases can be announced at any time of the year and have huge impacts on budgets. Accessorial charges account for anywhere from five to 30% of our clients’ total parcel spend, and this proportion is rising. On top of trying to accurately forecast resource needs due to volume growth and system changes within an organization, accessorial increases add a huge layer of complexity and unpredictability that can lead to multiplied costs overnight.
Dec 24 In Articles3 years ago
Building a Better Brand Strategy
For better or worse, your shipping strategy delivers more than just product. Here's how to harness logistics to drive a better brand stategy.