SMC³ Issues Updates to its CzarLite® Product
Atlanta, Ga. – August 6, 2014 – SMC³ announced today that effective September 15, 2014, the data within its CzarLite® family of products has been updated to reflect the overall economic impact of rising freight transportation expenses, as well as recent changes to the U.S. Postal Service ZIP code system and the Canadian and Mexican postal code systems. As in prior updates, CzarLite® base rate adjustments do not include fuel price adjustments, which are separately addressed by the individual carriers.
SMC³ regularly updates CzarLite, to maintain its longstanding reputation as the industry’s premier less-than-truckload (LTL) base rate and benchmarking system for shipments within and between the United States, Canada and Mexico. The mathematical computations SMC³ uses to update CzarLite® have been verified by an independent Certified Public Accountant (CPA) – to ensure the input data and mathematical processes are accurate and the CzarLite® update is an equitable method for the usability and applicability of baseline rates. SMC³ also employs an external economic expert review panel to make recommendations related to the economic portion of the CzarLite® update and assure the practical, fair and unbiased nature of CzarLite® rates.
For more information about SMC³ products and services or the CzarLite® update, visit www.smc3.com or call 800.845.8090 (press option 1 for Sales).
SMC³ is the leading provider of data, technology and education as an integrated solution to the freight transportation community. SMC³ delivers its core competency – LTL pricing expertise – through collaborative pricing technology that supports end-to-end, ongoing predictability in shipper/3PL-carrier relationships. Best known for its CzarLite®, Bid$ense® and RateWare® solutions, the company serves more than 5,000 customers throughout North America, including shippers, carriers, logistics service providers and freight-payment companies. The company also partners with leading transportation software developers for complete interoperability. For more information about SMC³, visit www.smc3.com.
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