SMC³ Issues Updates to its CzarLite Product
ATLANTA, Ga. – August 17, 2012 – SMC³ has announced that effective September 17, 2012, the data within its CzarLite® family of products will be 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 addressed separately by the individual carriers.
SMC³ regularly updates CzarLite, to maintain its long-standing 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 are verified by an independent Certified Public Accountant (CPA)—to ensure that the input data and mathematical processes are accurate and that 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.
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 RateWareXL® 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.
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