Release Date: 23 August 2006
Release ID: 674
With the current state of the world economy, fuel prices are in a constant state of flux. The slightest rise in fuel prices equates to additional transportation costs for shippers and third party logistics providers who must manage their surcharges and other accessorial charges when working with carriers and their private or dedicated fleets.
A number of factors have contributed to volatile gas prices -- higher demand, fluctuating price of crude oil, tensions in the Middle East, and fallout from last summer's hurricanes. Pressure is also coming from U.S. refineries as they switch to producing cleaner burning summer-grade fuel and using ethanol in production. This volatility in fuel prices combined with the continued capacity crunch in the transportation industry is creating new challenges that require innovative solutions.
Shippers are continuing to seek ways to help alleviate some of the pain of unstable fuel prices. Executives at i2 Technologies, Inc. (Nasdaq:ITWO) can offer tips and strategies for responding quickly to fluctuating gas prices.
Razat Gaurav, vice president and general manager, i2 Global Transportation & Distribution Group
-- Gaurav leads i2's global transportation and distribution group and has responsibilities including the overall planning, strategy and go-to-market execution while working closely with customers in the Americas, Asia and Europe to help them achieve logistics management excellence.
-- He can offer commentary around topics such as globalization, the capacity crunch, fuel price surcharges, and provide insights on best practices and innovative solutions for addressing global logistics challenges.
Fab Brasca, director of solutions, i2 Global Transportation & Distribution
-- Brasca has extensive experience and knowledge across the i2 transportation and distribution management solution, and can offer real-world examples on how companies are addressing today's logistics challenges.
-- He can offer expertise around logistics modeling and scenario planning, transportation optimization, efficient fuel surcharge management, best practices in freight audit and payment, and how technology solutions can help companies tackle common transportation issues.
To speak with these executives or learn more please contact Kirsten Monberg at 469-357-4966 or Kirsten_monberg@i2.com.
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