It happens every year – the General Rate Increase. As carriers increase their shipping rates to keep pace with the economy, shippers try to adjust and factor the annual increase into their business model. But there’s more to GRI than meets the eye.
The GRI is just one of many variables in your shipping costs, and misjudging the GRI and other cost increases that might come along with it can be catastrophic to your bottom line if they are not managed properly. With smart planning, however, you can control these costs and protect your profits.