Freight Business Journal: Freight Audit Payment Practitioners Evolve
December 11, 2024
With the rise of predictive AI, freight audit payment (FAP) practitioners must adapt to stay competitive.
With the rise of predictive AI, freight audit payment (FAP) practitioners must adapt to stay competitive.
Those providers who embrace technology, build resilient and sustainable operations, and stay aligned with evolving consumer demands will be best positioned to lead the future
Peak season charges now span nearly one-third of year.
General rate increases ranging from 4.9% to 7.9% are setting expectations for higher contract pricing as less-than-truckload carriers attempt to recoup the costs of network
The Q3 TD Cowen/AFS Freight Index said the period’s ground parcel rate per package was the lowest it had been since Q4 2021.
Package rivals are chasing smaller customers in an effort to win market share ahead of a shorter holiday season.
The nation’s leading parcel carriers are struggling to evolve as costs rise, the market fragments, competition intensifies, and consumers trade down to slower, lower-revenue delivery
Pricing is expected to remain relatively flat for LTL and truckload rates in Q4, according to the TD Cowen/AFS Freight Index.
Per-package ground parcel rates reached their lowest levels since 2021, according to the TD Cowen/AFS Freight Index.
Wall Street expects United Parcel Service to report a rise in adjusted quarterly profit on Thursday, even as concern mounts over stubbornly soft demand for
Services
Connect with us
If you do not have a vendor log-in, please fill out the following.
AFS is directing carriers and customers to direct all inbound invoices to [email protected] or via established electronic submission, such as EDI or eSubmit to avoid processing delays due to the impacts of the COVID-19 countermeasures and service interruptions at the United States Postal Service.
Carriers should contact Carrier Support via email at [email protected] in lieu of calls. We have added additional resources and later hours to assist you and email will serve as the method for fastest response. Please send an aging report with your inquiry so that we may provide you the most current status.
Thank you!
AFSmart Technology
