A3 Freight Payment Blog


Putting your Transportation Budget In Context: Using External Indices to Justify Your Transportation Spend to the Finance Geeks

At the 2017 NASSTRAC Annual Conference, A3 Freight Payment’s CEO Ross Harris presented an original presentation entitled “Putting your Transportation Budget In Context: Using External Indices to Justify Your Transportation Spend to the Finance Geeks”

The presentation made reference to several macroeconomic indices that can be used as data points when justifying parts of a transportation budget.

Here are the links to those data sources mentioned during the presentation:

ISM Manufacturing Index

March release with full details:

https://www.instituteforsupplymanagement.org/ismreport/mfgrob.cfm?SSO=1

Chart source for index:

https://ycharts.com/indicators/production_index

Baltic Dry Index

Details of the index:

http://www.slate.com/articles/business/moneybox/2003/10/the_shipping_news.html

Chart and data source:

http://www.dryships.com/pages/report.php

ATA Truck Tonnage Index

Release with full details:

http://www.trucking.org/article/ATA-Truck-Tonnage-Index-Increased-2.9%25-in-January

Chart source for index:

https://fred.stlouisfed.org/series/TRUCKD11

BLS Inbound/Outbound Air Freight Services Index

Fact sheet:

https://www.bls.gov/mxp/affact.htm

Chart source for index:

https://fred.stlouisfed.org/series/IC131

China Containerized Freight Index (CCFI)

Background:

http://wolfstreet.com/2015/10/25/china-containerized-freight-index-ccfi-shanghai-scfi-drop-to-new-lows/

Chart source for index:

http://en.sse.net.cn/indices/ccfinew.jsp

Should you have questions about the presentation or about A3 Freight Payment, please reach out to us at info@a3freightpayment.com

 

Posted by Ross Harris at 6:00 AM
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