Do you know if your rail rates are higher or lower than others in your industry? Even if your lanes are captive to one railroad, is that railroad treating you fairly relative to others? Without a comparative yardstick, you may not know if your rates are competitive.
Rail rate benchmarking utilizes commodity specific yardsticks for evaluating your rates. Variances from those yardsticks can give you valuable insight into where you have the most leverage to minimize your overall rail spend. Favorable variances may indicate market share growth opportunities, while unfavorable variances highlight areas in need of greater management attention. Contact us for more information on rail rate benchmarking or sign up for one of the USRail Impact webinars.