TDW 3040 - Costing and Pricing for Transportation

Clock Hours: 24

Course Description:
This course teaches students about the costing and pricing of transportation. They also learn about the role of costing, pricing and its strategic impact on an organization’s competitive advantages between truckload and less-than-truckload in freight moves.

Student Learning Outcomes:
Students will be able to demonstrate knowledge of:

Costing
1. Describe the relationship between a rate and a price
2. Describe the various types of market structures found in the transportation industry process
3. Describe the impact of transportation prices on the relevant market area for a product
Pricing
1. Describe the difference between cost-of-service and valve-of-service pricing
2. Describe the different forms of rates used in transportation
3. Describe how to transportation rates have changed under deregulation
4. Describe the strategic role of pricing for transportation firms
5. Describe the difference between truckload and less-than-truckload freight moves