The Sixth Annual “Transportation
Payment Benchmark Study” was released by American Shipper in cooperation with
the Council of Supply Chain Management (CSCMP), the National Retail Federation
(NRF) and the Retail Industry Logistics Association (RILA).
A3 Freight Payment is the sole
independent freight payment provider to sponsor the research and its
publication by American Shipper.
“We are extremely proud of our
sponsorship of the study. For the last six years, this benchmark report has
been THE clearest look into the state of freight payment practices among
shippers.” said Ross Harris, CEO of A3 Freight Payment.
This year’s study subtitled “The Cost
of Ignorance” highlights the lack of shipper awareness around issues of finance
due diligence in freight payment. Ironically, A3 Freight Payment has
highlighted these issues from its inception. “Shippers seem to be unaware of
how to focus their energies in the due diligence process,” said Harris. “Although
we had nothing to do with this direction of the study, we are thrilled the
researchers have highlighted this area where A3 Freight Payment has proven and
long-standing competency.”
The full study can
be found HERE.