LQ’s Freight Index: U.S. Transportation Rate Information Monthly Update
LQ has updated its Freight Index with information up to March 1, 2011, with aggregate data published on Freight Spend, Number of Shipments, and Cost per Shipment, across all modes of transportation encompassing 52 U.S. States.
LQ’s Freight Index is comprised of information from 100 shippers that covers all SIC sectors. LQ is pleased to publish this information each month, which has been prepared by CTSI, a leading supply chain management company, based in Memphis, Tennessee USA.
LQ believes this index is one of the most comprehensive and accurate assessments of freight trends in the U.S. today, and an important economic indicator.
LQ is also pleased to announce its Freight Index will soon feature Canada-U.S. cross-border information and Canadian data on shipping trends, thanks to information provided by DTA Services Ltd., a leading Toronto-based distribution and transportation analysis firm.
Logisticians can look forward to soon deriving this additional information and value later this month at: www.LQindex.com.
DTA Services, Ltd., a firm founded in 1920, is exposed to more than 2,000 Canadian and US freight companies representing thousands of shipments for hundreds of shippers, giving it a unique position to provide logisticians with an informed perspective of trends in today’s cross-border and Canadian marketplace.
The aggregate data provided each month by DTA will enhance the quality of LQ’s Freight Index, enabling LQ to provide an excellent overview of freight costs for Canadian and U.S. shippers alike.
About DTA Services Ltd.
DTA has saved hundreds of Canadian and US manufacturers and distributors millions of dollars over its 90 years in business. Its custom-built computerized programs ensure that DTA's clients never over-pay or duplicate payment of their freight bills. Through its vast exposure to transportation tariffs and negotiated rates, DTA provides value in performing comparative reviews to ensure its clientele ship at competitive rates and as effectively as possible. DTA's state-of-the-art website displays snapshot pictures outlining freight costs by carrier, lane, customer, vendor and financial allocation code, to name a few areas. DTA also handles all aspects of freight payables.
For more information on DTA Services Ltd., please visit: www.dta.ca
About CTSI
CTSI’s core services include Freight Audit and Payment, TMS, Information Management and Consulting, with more than 7,000 carriers supported, more than 250 million annual transactions and $5 billion in annual freight dollars processed. For more information, please visit: www.ctsi-global.com
