This is the time of year that shippers are often bracing for the blow of annual rate increases. Usually in the late third or early fourth quarter, parcel carriers will announce their annual rate and surcharge increases. With the growth in e-commerce, parcel is becoming a larger expenditure for companies. According to GMT’s 2018 Benchmark Report, 87% of shippers expect 2018 parcel rates to increase at a similar or higher pace as total transport costs year-over-year.
January 16, 2019 - Green Mountain Technology (GMT) is expanding its partnership with the University of Memphis by joining its CommuniTech Research Park, a national center for technology innovation. The CommuniTech Research Park is a shared space for innovative technology companies designed for creative empowerment, emerging innovation, networking and collaboration.
Consumers want fast and free shipping so how are major brands adapting to these high expectations? Find out about the latest parcel trends in this Report.
Green Mountain Technology’s partnership with this retailer resulted in $110M in savings/cost avoidance over 5.5 years with a return on investment of 1,544%.