What is the Parcel Index?
The Parcel Index is the shipping and trade index that measures the changes within the cost of transporting various commodities, such as retail items, e-commerce goods.
- Brokers contact EPISHIP for pricing schedules tailored to a specific shipping profiles, package type, service selections, ship-from ship-to locations, all attributes.
- Pricing is assigned according to nine subindexes, also referred as profiles. Each has a minimum credit threshold and a weekly premium rate to offset counter party exchange risk, among others.
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- Pricing is a composite of all broker contracts given the price paid by the 75% percentile for a given subindex with low cost routing the functional test.
- Pricing is a market appropriate incentive at each profile with net rates abstracted into single service-weight-zone type values.