
Has your company experienced a significant increase in freight rates over the past several years? Over the past three years, there has been considerable upward pressure on freight rates as a result of fuel cost increases, driver shortages and truck capacity constraints. For many companies, their freight spend typically represents between 2 and 8 percent of annual revenues. As a result, manufacturers, distributors and retailers are seeing their freight budgets and expenditures come under increased scrutiny from their CEO and CFO. The VP, Supply Chain and Director of Transportation in many companies are being asked to find new methods of sourcing freight transportation to ensure this large and important expense item does not have an adverse effect on their bottom line. One tool that is gaining widespread use as a means of controlling freight costs is a Freight RFP. If you are looking at ways to more effectively manage freight costs, this Roundtable will feature a panel of industry specialists that have conducted freight RFP's.

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If paying by cheque, please make it payable to CSCMP Toronto Roundtable and mailed to Martin Kelly at Wheels Group, 5090 Orbitor Drive, Unit #1, Mississauga, ON L4W 5B5. Be sure to complete and enclose the following details when registering with payment by cheque.