Electricity, Natural Gas

Transparency seems to be against the grain

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Transparency seems to be against the grain for the energy sellers. Keep the buyers in the dark?

Marketers want electricity, natural gas deals out of CFTC’s purview
Washington (Platts)
Retail energy marketers are pushing to keep long-term fixed price electricity and natural gas contracts outside the US Commodity Futures Trading Commission’s jurisdiction.

In a letter sent Monday to the CFTC, Craig Goodman, president of the National Energy Marketers Association, wrote that these contracts — which marketers enter into with residential and commercial customers — should remain exempt from CFTC oversight, as the agency finalizes it new derivatives reform rules. …

Small Package Freight

Understanding Rolling Averages Used by Parcel Carriers

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Understanding Rolling Averages Used by Parcel Carriers
By Carl Hutchinson            www.parcelindustry.com
Some of the most frequently asked questions I receive from shippers of all sizes regard rolling averages used by parcel carriers. Typical questions include:
– What are rolling averages used for?
– How are rolling averages calculated?
– How can I tell what the carrier has calculated my rolling average to be?
– Why is it important for me to understand rolling averages?
– What is the impact if my average changes significantly?
– And many more.

The two major parcel carriers, FedEx and UPS, use several different types of discounts when working with shippers. A typical carrier agreement will have multiple types of discounts, or discount structures, in the agreement. The type of discount offered might differ depending on the service for which a discount is offered. In…