As a #shipper, you may be procuring monthly, quarterly or annual trucking #FreightBids, or have a mix of spot rates and contract rates -? as we continue through the market cycle, it will be critical to have a freight strategy that ensures stability, but is responsive to volatility. Our latest blog discusses 4 considerations for managing #FTL freight contracts in 2024. We cover insights into software adoption, bidding processes, and strategic carrier allocation to navigate market challenges. #FTL #Freight #LogisticsStrategy #MarketTrends https://lnkd.in/g7szhKcw
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Outsourcing your freight tender review will optimise the outcomes for your business via a data-driven process, utilising expertise that taps into industry insights, and a carrier agnostic methodology that truly customises the results for your individual business needs. https://lnkd.in/gRdWpkkJ
What To Look Out for When Outsourcing Your Freight Tender Review
https://freightcontroller.com.au
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Ever wonder why the Bill of Lading (BOL) is a cornerstone of logistics? Our latest blog post explores its crucial role in ensuring your shipments reach their destination safely and efficiently! ?? Click the link to discover how mastering the BOL can streamline your logistics operations and prevent costly mistakes. Don’t miss out on this essential read! ?? Read the full blog: https://lnkd.in/eb_3ytCY #Logistics #Shipping #BillOfLading #STTLogisticsGroup #FreightForwarding #SupplyChain
The Importance of Bill of Lading (BOL) in Logistics - STTLogisticsGroup
https://sttlogisticsgroup.com
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Do you consolidate your freight? If not, why not? Freight consolidation can save you money and improve efficiency across the board. Read our latest blog to learn what freight consolidation is and why you should consider it. You won’t regret it! https://lnkd.in/epKvVzje
Freight Consolidation: What It Is and How It Can Save You Money
https://www.millenniumcargo.com
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In the competitive world of logistics, securing the best transportation rates is crucial. @Freight Rate Negotiate, with over a century of combined experience, stands out by leveraging extensive industry knowledge to optimize transportation costs. Their services include thorough audits to identify savings, recovering billing errors, and providing no-cost savings analysis. By automating Guaranteed Service Refunds (GSR), they ensure clients receive proper credits for late deliveries, further enhancing cost efficiency. Read More: https://lnkd.in/eaEFeBGd #Logistics #Freight #Transportation #CostSavings #SupplyChain #FreightNegotiation #BusinessOptimization #GSR #Audit #RacklifyNews
Freight Rate Negotiate: Mastering the Art of Transportation Rate Negotiation
racklify.com
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This article by Eric Johnson last week does a great job talking about the need and demand for better freight auditing capabilities for BCOs. Two of the most popular enhancements to the Container Lifecycle Management platform over the last six months have been the Freight and Per Diem Invoice Auditors. Our customers can host their freight contracts in their CLM platform, have their invoices sent to the platform in a variety of ways, and then automatically have their invoices audited against contracted rates and what was expected. And because we have all the container tracking milestones like out-gate, last free day, and empty returned it's easy to audit per diem charges as well. One customer told us recently that their month end accruals used to take about 3-4 hours for the team, but now they're able to export one table for full accruals and be done in about 30 seconds. #LogisticsTech #Logistics #SupplyChain #ContainerLifecycleManagement #SupplyChainSolutions
Shippers urged to tether rate management with freight invoice processes to cut errors | Journal of Commerce
joc.com
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Do you consolidate your freight? If not, why not? Freight consolidation can save you money and improve efficiency across the board. Read our latest blog to learn what freight consolidation is and why you should consider it. You won’t regret it! https://lnkd.in/eW8zf4RA
Freight Consolidation: What It Is and How It Can Save You Money
https://www.millenniumcargo.com
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Here’s a tip for managing freight costs: Little things can make a big difference! When it comes to saving money in the freight area, these savings typically involve smaller dollar amounts on transactions that happen hundreds or even thousands of times a month. Read more here: https://hubs.la/Q02Wml5Q0 #Logistics #LogisticsManagement #SupplyChain #SupplyChainManagement
A Tip for Managing Freight Costs: Little Things Can Make a Big Difference!
blog.tranzact.com
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BENEFITS OF NVOCC Non-Vessel Operating Common Carriers (NVOCCs) offer several benefits in the shipping and logistics industry: 1. Cost-Effective Solutions: NVOCCs can negotiate lower shipping rates with vessel owners due to bulk bookings, passing on cost savings to shippers. 2. Flexible Services: They often provide more flexible options than large shipping lines, including customized routes, schedules, and services for different types of cargo. 3. Consolidation of Shipments: NVOCCs consolidate smaller shipments into larger ones (LCL - Less than Container Load), helping businesses reduce costs by sharing container space. 4. Comprehensive Documentation: NVOCCs handle a wide range of documentation processes, including bills of lading, which simplifies the process for shippers. 5. Global Reach: Many NVOCCs have extensive networks, offering global services and better access to smaller ports and regions that larger carriers might not serve directly. 6. Cargo Tracking and Management: They offer better customer service, including advanced tracking tools, providing shippers with visibility and control over their cargo. 7. Simplified Logistics: By acting as intermediaries between shippers and carriers, NVOCCs simplify logistics for businesses, reducing the need to directly manage multiple carriers. These benefits make NVOCCs a valuable option for businesses looking to optimize their shipping processes.
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?? Understanding Freight Invoice Auditing: Save Money & Boost Efficiency! ?? Ever wonder if you're overpaying for your shipments? ?? Freight invoice auditing is the key to ensuring you’re billed accurately! Here’s how it helps you win in logistics: 1?? Error Detection: Identify billing mistakes like duplicate charges, incorrect rates, or hidden fees. Don’t let these slip through! ???♀? 2?? Cost Recovery: Once errors are found, you can claim refunds or credits from carriers. ?? Every dollar counts! 3?? Carrier Compliance: Ensure that all rates and terms match what you negotiated with carriers. No more surprises! ?? 4?? Data Insights: Gain valuable insights from your shipping data to negotiate better rates and optimize future shipments. ???? 5?? Time-Saving: Automating your freight auditing process saves time and ensures no invoice is left unchecked. ? ?? Don’t let mistakes pile up—freight invoice auditing is your safeguard for a lean, cost-effective supply chain! #Networking #Collaboration #Partnership #B2B #FreightNetwork #TruckingLife #LogisticsLife #SupplyChainManagement #Transport #Haulage #AirCargo #Business #Worldwide #TransportationServices #Ecommerce #TruckerLife #TruckDrivers #International #Shipping #LogisticsCompany #Delivery #Transportation #SupplyChain #Trucking #Import #Export #LogisticsManagement #LogisticsSolutions #Courier #Distribution
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#Freight workflows can be difficult to streamline! Here are 4 easy ways your #transportation team can reduce manual tasks by 20+ hours per week. From automating spot quotes/bid requests to optimizing your carrier network, improve your efficiency and gain time to be more strategic.?Read the full blog post to learn more. #supplychain #logistics #freight #tms https://lnkd.in/g3gQyq7c
4 Strategies Freight Transportation Teams Use to Save 20+ Hours Per Week
portexpro.com
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