Kenco’s Kevin Fletcher to Discuss Impact of Density-Based LTL Pricing on Shippers
CHATTANOOGA, Tenn.—March 31, 2015 (James Street Media Services)—Kevin Fletcher, senior vice president of Transportation at Kenco—a leading provider of integrated logistics solutions, real estate services, and materialhandling equipment—will discuss the impact on shippers of density-based (or dimensional weight) LTL pricing at the annual National Shippers Strategic Transportation Council (NASSTRAC) conference in April.
Fletcher will be on a panel addressing “Is the LTL Industry Ready For Density-Based Pricing?” The annual shippers conference and transportation expo will take place April 12–15, 2015 in Orlando, Florida.
"With roots dating back to the 1930s, the classification-based pricing used for decades by the United States LTL industry utilizes the grouping of commodities that share similar shipping characteristics as its basis,” says Fletcher. “The adoption and migration to dimensional weight pricing—where rates are based upon a shipment's density or cubic volume—would represent a significant paradigm shift for the LTL industry in the United States toward a more globally accepted pricing methodology."
At NASSTRAC, panelists will discuss what these changes mean; what adjustments shippers should make to control costs; concerns raised about a density-based LTL pricing program; and potential benefits to various facets of the supply chain.
Fletcher has 30 years of experience with carrier, shipper, and third party logistics companies. In addition to his transportation-leadership responsibilities at Kenco, Fletcher focuses on account management, business development, and strategic planning.
About Kenco
Kenco provides integrated logistics solutions that include distribution and fulfillment, comprehensive transportation management, material handling services, real estate management, and information technology—all engineered for Operational Excellence. Woman-owned and financially strong, Kenco has built lasting customer relationships for more than 60 years. Kenco’s focus is on common sense solutions that drive uncommon value. Learn more at www.kencogroup.com. Also, connect with Kenco on Twitter, Facebook, LinkedIn, and the Kenco Blog.
For further information contact:
Bill Fahrenwald
James Street Associates
708-371-0110 Ext. 1-#
bill@jamesstreet.net