Posts Tagged ‘rate’

Capacity Shortages Have Manufacturers Paying More to Move Freight

Wednesday, August 17th, 2011

Manufacturers are seeing an increase in rates to transport their freight, whether it be by truck, rail, or air, with capacity shortages playing a large role.

truck, rail, air transport

Unfortunately, the rising cost manufacturers and shippers are experiencing is not predicted to get better any time this year.  With retiring drivers, new/stricter regulations, increasing fuel, equipment, and healthcare costs, a lingering recession, and a lack of available credit keeping fleets small, the trucking industry is experiencing the tightest crunch in capacity since 2005.

According to a recent survey, 74% of respondents noted an increase in transportation costs within the past year, with 64% noting a 1-10% raise and 10% stating an 11-15% jump (http://www.industryweek.com/articles/no_transportation_relief_in_sight_25323.aspx?SectionID=2).

In order to avoid higher costs, manufacturers are scoping out transportation companies, not based on their quality of service, but by who has the cheapest rates.  Those manufacturers who are looking to cut back on shipments by transporting via truckload rather than multiple LTL shipments are noticing a hard time finding the capacity to fulfill their requests.

Another way manufacturers are looking to cut back on increasing freight rates is to use trucking as their primary means of transport rather than rail and air.  In fact, Industry Week notes a decrease of 9% in air freight, dropping the number of freight transported via air from 14% to 5% within the last two years.

Even the rail industry cannot compare to trucking as a means of transport.  As listed in Industry Week, manufacturers are choosing truck over rail for the following reasons:

-“Rail doesn’t support faster inventory turnover.”

-“Rail isn’t competitive on price and service.”

-“Truckload price discounts have offset some of the rail cost differential.”

-“Companies are willing to pay more for truckload service.”

-“Changes in sourcing have reduced transportation costs.”

Road Scholar Transport

For a company who offers competitive LTL and Truckload rates, expedited shipping, and an impressive safety record, visit www.roadscholar.com and let Road Scholar Transport demonstrate our capabilities and expertise to you.

Have you been affected or are experiencing any differences due to capacity shortage?  What are you doing to deal with the issue?  Let us know by posting your comments below.

Freight Forecast: Revenue for Transportation Industry Expected to Increase 66% by 2022 as Trucking Continues to Dominate Industry

Monday, May 23rd, 2011

ATAThe American Trucking Associations (ATA) announced their increasing growth expectations for freight and intermodal volumes as well as a rise in tonnage in their U.S. Freight Transportation Forecast to 2022.

According to FTR Associates’ Eric Starks, truck freight is expected to grow 5% with a “strong pickup” during the last two quarters of this year, they noted in fleetowner.com.

ATA’s Bob Costello, further forecasted the trucking industry to transport 70% of the freight market by the year 2022 with a 66% increase in revenue (http://fleetowner.com/management/news/freight-outlook-bright-0523/).

Although many would expect to see the number of trucks on the road mounting to meet the rise in freight, Starks explains, that is not the case.  More trucks are expected to be purchased but as replacements for older equipment instead of as add-ons, continuing capacity issues.

In addition to truck freight increases, intermodal volumes (“freight moved by a modal combination of truck and rail”) are expected to climb “6.6% a year between 2011 and 2016, and 5.5% annually through 2022” with revenue of $30.7 billion, Fleet Owner explains.  Even with this increase, intermodal is still not expected to surpass trucking as the favorable means of transport.

Tonnage, Costello continued, is predicted to take a 24% hike as well by 2022, and whilst the trucking industry remains dominant, “comprising 67% of tonnage and 81% of revenue in 2010,” it’s a different story with the rail industry, the site notes.

As the total tonnage in the trucking industry is increasing, rail is expected to decrease in 2022 to 14.6%.

Trucking will remain the dominant means of transporting your cargo in the next Road Scholar Transportdecade, the ATA, HIS Global Insight, and Martin Labbe Associates predicts, and Road Scholar Transport is continuing to keep it that way through the safe transport of your LTL and Truckload freight.  Go to www.roadscholar.com to get a quote and view our services!

A more in depth forecast will be given by the FTR on June 9th.  Those wishing to attend the webinar can sign up at https://www2.gotomeeting.com/register/188112562.

What are your freight and tonnage predictions for the upcoming years?

check out our awareness campaign

Road Scholar Keeps Their Awareness Trucks Rolling as MLB Holds First Dance-A-Thon to Benefit Cancer Charities

Tuesday, May 3rd, 2011

You may be familiar with the MLB’s 5K charity races that take place during the All-Star games.  But this year, the MLB will be hosting a new event for the first time in 82 years.

MLB

Put on your dancing shoes and join the MLB on July 9th at the Phoenix Convention Center as they hold a Dance-A-Thon during the All-Star game.

But there’s more fun in store for those Glee fans out there.

Zach Woodlee, choreographer on the Fox TV show Glee, will be showing some dance moves as well as judge the contest with other VIP guests, according to hardballtalk.com.  Not only that, but the grand prize winner of the dance off will “win an exclusive meet-and-greet opportunity on the set of Glee,” the site notes.

The event takes place from 3 p.m. to midnight with tickets costing $15 for those 15 and over and $10 for ages 14 and under.  Those wishing to participate can register at www.allstargame.com.

Not the best dancer?  Join in on the fun anyways and help show your support for a good cause with proceeds going to the Stand Up To Cancer, Prostate Cancer Foundation, and Susan G. Komen for the Cure charities.

Prostate Cancer Awareness

The Prostate Cancer Foundation and Susan G. Komen for the Cure are also sponsored by Road Scholar Transport via the 10 Million Miles to a Cure Awareness ProgramRoad Scholar Transport has created several tractor trailers which act as rolling billboards to spread awareness for various organizations, such as those supported by the MLB.  Check out all of Road Scholar’s awareness trucks at www.roadscholarawareness.org.

Become part of the campaign and ship your freight in our awareness trucks by going to www.roadscholar.com today to get a rate.

What would you like to see an awareness truck for?

Research: Taking this Over-the-Counter Medicine Once a Month Found to Reduce Pancreatic Cancer Risk

Monday, April 4th, 2011

In a six-year study led by Mayo Clinic’s Dr. Xiang-Lin Tan, researchers found aspirin to have a significant effect on reducing pancreatic cancer.

According to the study, researchers analyzed the medication usage of 904 individuals diagnosed with pancreatic cancer and 1,220 who were in good health, all of which were patients at the clinic between the years 2004 and 2010 and at least 55 years old. (http://health.usnews.com/health-news/family-health/cancer/articles/2011/04/04/monthly-aspirin-use-linked-to-lower-pancreatic-cancer-risk).

Although results showed no noteworthy connection of acetaminophen/NSAID use on pancreatic cancer, researchers did find a link between aspirin usage and the chances of developing the disease.

The study discovered that individuals who took low-dose aspirin at least once a month had a 35 percent lower chance of developing pancreatic cancer, while those taking high-dose aspirin had a 26% lower risk, an article in U.S. News notes.

The findings were not a shock since, Dr. Michael Choti notes, aspirin has already proven to help reduce the risk of other cancers, naming colon cancer as one of them, the site explains.

Individuals are encouraged to talk to their doctor before taking aspirin every month to help lower their risk due to side effects.

Road Scholar Transport is helping reduce the risk of pancreatic cancer by spreading awareness via our Pancreatic Cancer Action Network awareness trailer.
Check out our PANCAN truck April 9th at the Clarion Hotel in Scranton, PA and in Doylestown, PA May 21st and 22nd.

Don’t forget to help keep the freight moving so we can continue spreading awareness!  Visit www.roadscholar.com to request a rate today and help move towards a cure.

pancan

Light It Up Blue for Autism Awareness Month…Road Scholar Is

Thursday, March 31st, 2011

Light it up BlueApril kicks off Autism Awareness Month with April 2nd being classed as World Autism Awareness Day.

To help spread awareness for the developmental brain disorder affecting 1 in 110 children, Autism Speaks has launched their Light It Up Blue (LIUB) campaign and is welcoming all to get involved.  Here’s how:

-Shine a blue light on your house, company, landmark, etc. on April 1st and 2nd to spreadNiagara Falls autism awareness.  Some of the biggest landmarks and organizations have shined a light on autism, including the Empire State Building, Rockefeller Center, Universal Studios, the Rock and Roll Hall of Fame, Niagara Falls, Brazil’s Christ the Redeemer Statue, and Australia’s Sydney Opera House (http://www.autismspeaks.org/press/world_autism_awareness_day_light_it_up_blue.php).

-Virtually place a blue frame around your pictures using the Light It Up Blue iPhone App

-Build a Blue Website and e-mail it to your friends and family.  Those who raise $100 or more will get a t-shirt and for every website with e-mails sent you will receive a puzzle piece pin, trademark of the Autism Speaks Foundation (http://blue.autismspeaks.org/site/c.ckLOI6NRIfJ2G/b.6612437/k.BE8D/Home.htm).

-Shop online at the Light It Up Blue store

-Wear blue tomorrow, April 1st, to show your support!

-Attend an event.  Stop by one of the following events where Road Scholar’s Autism autism speaks

Speaks awareness trailer will be to show your support:

-April 9:   Friendship House telethon, Scranton High School

-April 16:  Allentown (Specific location TBA)
Visit www.roadscholarawareness.org to learn more about Road Scholar’s initiative to help spread awareness.  We can’t do it without you so help keep the freight moving by going to www.roadscholar.com to request a rate today.

Will you be wearing your blue tomorrow for autism?

Road Scholar Transport Rolls Out New Awareness Trailer

Tuesday, February 15th, 2011

Once again, Road Scholar Transport has expanded its Awareness Campaign efforts by introducing its newest addition…the Rock on Judi H trailer benefitting the Northeast Regional Cancer Institute.judi h

The new trailer was created in memory of Judi H, musician Paul LaBelle’s niece who passed away from breast cancer in 2007 at the age of 45.  LaBelle started the Rock On Judi H campaign, selling $20 raffle tickets featuring a chance to win a one-of-a-kind Pink Lady Guitar, created and autographed by renowned guitar maker Paul Reed Smith.  All proceeds from the sales were donated to the Northeast Regional Cancer Institute in Judi’s memory.

Road Scholar Transport jumped in to get involved, helping to sell tickets as well as creating an awareness trailer to continue to spread breast cancer awareness nationwide.  The trailer features Judi’s picture along with the Pink Lady Guitar.

The Rock on Judi H trailer joins the other awareness trailers, becoming the fourth to promote breast cancer awareness.  Other cancer trailers include:

Alex’s Lemonade

American Breast Cancer Foundation
Children’s Cancer Recovery Foundation

Children’s Tumor Foundation
Prostate Cancer Awareness

Pancreatic Cancer Action Network (PANCAN)

Get involved and help spread awareness by keeping the freight moving.  Go to www.roadscholar.com and request a rate today!

judi h

It’s All in the Name

Wednesday, February 9th, 2011

Want to know just what Road Scholar offers?  Then take a deep look into its name.

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Reliable serviceRoad Scholar

On time pickup and delivery

Awareness Campaign (Check it out at www.roadscholarawareness.org)

Distinctive trucks that won’t get stolen

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Security features

Competitive rates

Hazmat certified

O.0005% damage and loss rate (one of the lowest in the industry)

Less-than-truckload service

Auto hauling service in as little as 48 hours

Readily uniformed drivers

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Truckload service

Reefer, freezer, and heater options

Air ride equipped

New equipment (we’ve never been cited for a piece of faulty equipment in an accident)

Satellite tracking

Premium services

Online Tools

Request a rate & quote online

Twenty-four and forty-eight hour expedited service

Visit www.roadscholar.com to learn more about all the services Road Scholar offers.

Shippers and Carriers Say “I Do”

Monday, August 30th, 2010

The relationship between shippers and carriers is beginning to take on a new role…that of a marriage.

According to truckinginfo.com, John Gentle (President of John A Gentle & Associates, LLC) compared shipping and carrier relationships to one starting off in the “dating” stage and eventually building their way up to the “marriage” stage, which is then based on commitment.  During this time, carriers must build their trust with shippers in order to increase efficiency.

Road Scholar Transport believes that business is absolutely based on a relationship.  Each party is dependent upon the other; however, when it comes to Road Scholar, we believe that we are solely responsible to keep the “marriage” healthy with our customers.  We do this with our excellent services, fair rates, high quality staff, and safe/efficient equipment.

Want to learn more about our services?  Visit www.roadscholar.com.

Road Scholar Transport