Learn about actual and potential costs
How much should I pay for Inland Water Cargo Transportation Services?
What is the average price of Inland Water Cargo Transportation Services?
This procurement report includes pricing information to help you purchase Inland Water Cargo Transportation Services. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.
Has the price of Inland Water Cargo Transportation Services been rising or falling?
Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.
I’m not ready to purchase Inland Water Cargo Transportation Services yet. Will I pay more if I wait too long?
We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.
What other costs are associated with purchasing Inland Water Cargo Transportation Services?
Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for Inland Water Cargo Transportation Services with a reduced risk of unexpected costs.
See how we display average pricing information, trends and market data.
Find the vendor to meet your needs
Where can I purchase ?
Market share concentration is high in this market, with the combined market share of the top four carriers reaching close to 70.0%. Market share concentration has risen during the three years to 2020. Although the number of firms in the market has stayed nearly constant, the four major players have... Subscribe to learn more.
Questions to ask potential suppliers
How can I gain leverage during negotiations?
How many accounts does my account manager oversee?
How do I receive real-time updates on my cargo's status?
Is your company flexible with regard to changing destinations en route or altering my capacity reservations with short notice?
Will I be notified immediately of any unplanned events that relate to my shipment, such as damage, loss, theft or delay?
What is your on-time delivery rate?
What percent of your late ships are more than two hours late?
What is your record for prompt cargo availability at my shipments' destination ports?
How have your fleets and procedures evolved to improve delivery times?
Cargo Handling & Liability
Can I audit your cargo handling procedures?
What is your claims handling procedure?
Can I appoint my own representative to investigate a loss?
What ratio of total freight revenue does your company pay in damage claims?
How does the value of losses that your company pays for compare with the value of losses claimed from insurers?
Service Disruption Risk
How long have you been in business? Have you ever been unable to provide capacity that was purchased from you?
What are the weather-related risks associated with my shipping routes?
How will my shipments be affected by drought, which causes low water levels?
How will my shipments be affected by heavy rains and flooding?
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Key elements for every RFP
What should my RFP include?
Buyers should explicitly state the amount of the contract award.
Buyers should explain whether they expect to pay for services after each shipment or at some other point during the life of the contract.
Buyers can consult the Benchmark Price section of this report to determine how much they should pay for each shipment.
Buyers should evaluate the experience of the moving team that will be transporting the goods.
Buyers should make sure the provider offers appropriate types of shipment materials.
Buyers should evaluate providers based on the estimated costs of the inland water cargo transportation services they are offering.
For a detailed list of key selection criteria, buyers should reference the Buying-Decision Scorecard section of this report.
Buyers need to include the date when proposals are due and when award information will be made available.
Buyers should provide the timelines for their shipments.
Buyers should also include any other benchmark dates relevant to the project that suppliers will need to be aware of.
Evaluate major factors to mitigate risk
How risky is the supply chain?
Supply chain risk is medium for inland water cargo transportation. Market firms' upstream suppliers are moderately risky on average. Fuel wholesalers and their upstream bulk stations are moderately risky due to recent volatility in the price of crude oil, which has led to high volatility in bunker fuel prices. As... Subscribe to learn more.