2007-11-30 14:54:53 · 12 answers · asked by ARMI 1 in Business & Finance ➔ Other - Business & Finance
I am referring to a shipping lines, about two months ago they gave us additional freight rate due to fuel price hike in the market...and now they are requesting again for another additional rate effective by January 2008.
2007-11-30 15:06:22 · update #1
Don't purchase the item.
Well, in the case you mention, you are screwed. If you don't pay the increased rate, they will refuse to carry whatever it is you are shipping.
Perhaps you can try other shipping lines, but they are probably all charging higher rates due to fuel surcharges. It really depends. Maybe a larger shipping line was able to secure fixed (ie. lower than current) fuel costs through the use of futures contracts for their fuel. In that case, they might not be faced with higher fuel costs the same way other shipping lines are. However, it costs money to hedge fuel costs like that, so it will probably only be the larger shipping lines that were able to do that.
Maybe you can work out a deal with a smaller shipping line that is hungry for more business. If you can shift all your shipping to them (and it should be a significant amount of stuff you are shipping) maybe they will give you a good rate to lure you to their line.
In any case, I'm sure all players in the business are faced with the same cost increases with regard to fuel. No matter what, they will have to find a way to pass those costs along to shippers.
Not sure what you are shipping or where you are located, but perhaps you need to look at other alternatives as part of the shipping process. Maybe you can incorporate rail transport or truck transport for part or all of the shipping you are doing, to at least get it closer to the final destination. Again, that will require a careful analysis of the different transport options and, unfortunately, truck and rail are similarly affected by increased fuel costs.
2007-11-30 15:02:47 · answer #1 · answered by 2007_Shelby_GT500 7 · 0⤊ 0⤋
Is this a price increase from someone you do business with? If so, and you think it's unwarranted you can try to negotiate a special price with this vendor or you can choose to take your business elsewhere. But, price should not be your only consideration in making your decision. The quality of the service should also be taken under consideration.
2007-11-30 22:59:57 · answer #2 · answered by puplovetft 6 · 0⤊ 0⤋
You need to expand on your question a little. Not enough info to really give you an answer.
If you have a contract at the old price for a certain period of time, then you can insist the seller stick to the contract unless there are extraordinary circumstances. But if not, they have the right to raise prices.
2007-11-30 22:58:01 · answer #3 · answered by Judy 7 · 0⤊ 0⤋
don't buy it. look for another store where the price is the same. check the local trade agency if the increase is proper and legal and report it if not.
2007-11-30 22:58:21 · answer #4 · answered by bantugan 2 · 0⤊ 0⤋
It depends. If you have an alternative, just don't buy that service or product. If you haven't an alternative (like rent), bite the dust and accept it.
2007-11-30 22:58:39 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Half steel it.
That is to say if it costed 8.00 and now costs 10.00, still pay only 8.00 which means you stole 20% of it.
Just think, your have to 20% go to jial!
2007-11-30 22:58:17 · answer #6 · answered by Anonymous · 0⤊ 1⤋
Think that is not a price increase,
but : a pry sin case.
2007-11-30 22:58:35 · answer #7 · answered by Anonymous · 0⤊ 1⤋
Take your business elsewhere and tell them why.
2007-11-30 23:15:25 · answer #8 · answered by beckoningsubstitutes 5 · 0⤊ 0⤋
Don't buy the product.
2007-11-30 22:57:26 · answer #9 · answered by dol 3 · 0⤊ 0⤋
find an other supplier.
2007-11-30 22:57:09 · answer #10 · answered by Anonymous · 0⤊ 0⤋