Share a Load, Split the Bill
Attention Logistics Gurus: Introducing a revolutionary approach to load consolidation that will literally pay dividends and make your customers very, very happy.
Key Benefits Include:
- Conversion from LTL to TL service
- Improve on‐time and damage‐free delivery performance
- Receive automatic rebate checks with transaction- level detail
- No complex rating structures required, easy to implement
- Your customers enjoy increased productivity and receiving efficiencies
- No complicated rules or pool schedules, customer requirements reign
- Enhance and support your green carbon emission reduction initiatives
Nexus is offering this exciting new service exclusively to customers with shipments originating in Nexus regions. Save even more by utilizing the NexusHubs warehousing program and flexible “campus” approach to meet your distribution needs.
How it Works
The NexusAdvantage Consolidation Program is based on an opportunistic model that is designed to improve operational efficiency and lower overall transportation costs for our Customers. To be eligible for NexusAdvantage pricing a shipment must meet the following criteria:
- Be combined on a single load with a shipment (or shipments) from at least one other Nexus Customer.
- Be combined on a load from one or more Nexus shipping points and delivering to one or more destinations.
- Semi-flexible pickup/delivery times to facilitate consolidation (promotes warehouse, transportation and receiving efficiency at destination).
Savings Distribution
If a shipment is processed via the NexusAdvantage Consolidation Program, the savings generated by the consolidation will be calculated and distributed based on each Customer's participation in the shipment.
Each Customer load is rated according to the most economical method of transport meeting all service constraints. The savings generated by Nexus via consolidating multiple Customer loads into a single manifest is distributed among participating customers for each consolidated shipment. Nexus retains a percentage of the savings as fee for services with the balance of the savings being returned to the Nexus Customers involved in the consolidation in the form of a rebate payment.
The savings are distributed proportionately among the Customers. For example, if Customer A was responsible for 54% of the Billable Amount they will receive 54% of the Savings Distribution. Similarly, if Customers B and C contributed 19% and 27% respectively, to the Billable Amount, they will receive 19% and 27% of the savings, respectively.