Tratics Rail Rate Blog
Rail Freight Technology Advancements in North America (Part 2 of 4)
The rail freight industry in North America continues to develop new technologies to enhance efficiency, safety, and sustainability. In this article, we'll explore some of the latest innovations and technologies in rail freight operations.
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The Role of Freight Railroads in North America's Supply Chain (Part 1 of 4)
Freight railroads stand as a crucial component of the supply chain in North America. They enable the efficient movement of large quantities of goods over long distances. This article aims to delve into the significance of rail freight and its impact on various industries and the overall economy.
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Rail price visibility helps shippers save money
Rail shippers often lack price visibility due to various railroad systems and pricing methodologies. To address this, shippers can use software tools like Tratics, a rate management platform that integrates all carrier rates, enabling quick comparisons and optimal decision-making. This results in enhanced competitiveness and informed shipping decisions.
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Nearshoring: The Slow but Major Tectonic Shift and its Impact on Rail Shippers
Read along as we explore the impact of the growing nearshoring trend on North American rail logistics and the broader transportation sector. The article highlights the opportunities and challenges it presents for rail shippers and railroads, especially as demand for cost-effective, long-haul transportation increases.
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Evaluating Railroad Rate Proposals (Part 4 of 4)
This article provides insights on how to effectively analyze railroad bid proposals and negotiate the best possible rates for your business. Use this guide to assist you in making informed decisions when evaluating rail rate proposals.
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Rate Negotiating Strategy: Strategy and Checklist for Shippers (Part 3 of 4)
In order to effectively negotiate lower rail rates, it is important to craft a compelling business case, understand railroad pricing strategies, and profile each railroad's specific attributes. Included in this article is a detailed shipper preparation checklist.
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Rail Rate Analysis: Competitive Alternative Analysis by Lane (Part 2 of 4)
Shippers should explore alternative transportation options for cost savings. This includes examining various rail options, considering Rule 11 rates and routes, assessing alternative sourcing, and developing transload programs for captive lanes.
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Rail Rate Analysis: An Introduction for Shippers (Part 1 of 4)
Explore the crucial role of rail rate analysis in helping shippers optimize logistics strategies, stay competitive, and thrive in a constantly evolving marketplace with ever-increasing rail prices.
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Improving Safety in Rail Transportation
New and advanced technologies such as sensors, analytics, and artificial intelligence can enhance rail transportation safety. Regulators and other government agencies can play a crucial role in supporting the development of new safety technologies through incentives, subsidies, and research support.
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Rail rate management system: A must-have for industrial shippers
An effective rail rate and contract management system is crucial for shippers to stay competitive. Pricing systems are prevalent for other modes of transportation, such as truck or ocean shipping. But for rail shippers, pricing has historically been based on spreadsheet tools. Complete rail rate visibility paired with advanced pricing tools is now available with Tratics software.
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