A fuel surcharge is a fee added by carriers to cover changing fuel costs. It helps manage financial risks due to fuel price changes. Fuel costs can vary extensively on a weekly, monthly, and especially yearly basis. It’s impossible for carriers to perfectly forecast and quote accurate fuel costs for every shipment, which is where […]
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A delivery area surcharge (DAS) is an added fee used to compensate carriers for shipping to remote or hard-to-reach locations such as mountainous regions, islands, or rural areas with limited access. They will vary based on factors like how far away the address is, the accessibility of the location, the shipping method used, and the
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Freight claims management is the process of recovering costs from lost, damaged, or delayed shipments and ensuring uninterrupted operations. It helps you minimize your shipping costs and improve service quality by holding carriers to the standard established in your carrier contracts. This article covers key strategies, best practices, and technological tools to help you manage
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A Transportation Management System (TMS) helps you streamline logistics, saving time and money. It simplifies shipment planning, execution, and tracking, making the supply chain more efficient and improving customer satisfaction. As supply chains continue to become more complicated, operational costs rise, and customer expectations increase, leveraging tools to help effectively manage your supply chain becomes
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Freight analytics is the process of collecting and analyzing shipment data to improve logistical efficiency and make data-driven decisions. It can help to reduce costs, optimize transportation routes, and enhance overall performance. Freight analysis provides invaluable insights into how your business can improve by identifying weaknesses, finding inefficiencies, and helping you address them. This article
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Freight payments are payments made to carriers for the transportation of your packages to customers or other recipients. The amount you’ll pay varies based on shipping rates, package sizing, the speed and mode of transport, and other factors, and payments can be made before or after the packages are transported. Efficient freight payment and audit
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Packaging optimization is the process of improving your packaging efficiency, effectiveness, and reliability to reduce damage and shipping costs. It optimizes the materials, designs, sizing, and many other aspects of your shipments for both cost and performance. If you’re struggling with high shipping costs and product damage, keep reading to discover how packaging optimization can
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Freight audit and payment is a process companies use to monitor and manage their transportation costs. This process includes reviewing freight invoices to track costs, verify their accuracy, and pay carriers according to your contracts. If you’re dealing with freight shipments, you’re familiar with the freight audit and freight payment processes. As freight shipping gets
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What Is Parcel Spend Management? Parcel spend management involves analyzing and optimizing your shipping costs to reduce parcel delivery expenses. It’s a logistics-wide effort that looks at your carrier contracts, parcel invoices, and overall operations to find ways to boost efficiency without lowering service quality. With so many factors contributing to your shipping costs, one
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Parcel contract negotiation involves defining the terms and conditions of a contract between you and your carriers, including costs, service types, and quality standards. These negotiations aim to reduce your costs and improve the level of service your carriers provide through relationship management and strategic negotiation. If you’re looking to cut shipping costs for your
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