Smarter Shipping, Volume 42: Maximize Savings in Freight Management

Hello!

Thank you for joining us for Volume 42 of "Smarter Shipping" from Intelligent Audit.

In this edition of "Smarter Shipping," you will find:

1. FedEx and UPS Add Surcharges to 82 High-Density ZIP Codes
2. New White Paper Drop: The Role and Importance of Freight Audit & Analytics in Effective Spend Management
3. Exclusive Webinar: Unveiling Parcel Market Insights: A Deep Dive
4. The latest insights from the Intelligent Audit Resource Hub

Learn more about Intelligent Audit by Clicking Here

FedEx and UPS Add Surcharges to 82 High-Density ZIP Codes

While the stubbornly low parcel volumes plaguing the transportation industry are nothing new, major carriers are ramping up their efforts to mitigate the fallout from meager volumes. FedEx and UPS are implementing significant surcharges in high-density ZIP codes. FedEx Express is further cutting back on capacity as the carrier shifts focus to more affordable overland transportation options. UPS is continuing its push for efficiency and plans to close 200 sortation centers by 2028. In the parcel sector, carriers are reprioritizing the importance of efficiency, revenue-bolstering, and cost-effectiveness. In the industry that’s always moving, here are the headlines you need to know.

The Role and Importance of Freight Audit & Analytics in Effective Spend Management

Bart A. De Muynck 's white paper, "The Role and Importance of Freight Audit & Analytics in Effective Spend Management," addresses critical logistics challenges, providing actionable strategies for shippers to manage costs and optimize operations amidst supply chain disruptions and rising expenses.

Key takeaways include:

• 2024 Forecast: It outlines potential logistics industry scenarios, emphasizing the need for readiness against market volatility, overcapacity, and supply chain interruptions.
• Spend Management: Highlights the importance of strategic freight spend management in controlling transportation costs and negotiating better rates.
• Leveraging Analytics: Demonstrates how analytics can inform smarter shipping decisions, route optimizations, and improve carrier selection.
• Technology's Impact: Explores how AI and Machine Learning can enhance freight audit processes, improve accuracy, and uncover cost-saving opportunities.
• Success Stories: Provides examples of how Intelligent Audit’s technology-driven solutions have led to significant savings and more efficient operations for companies.

"Given the constant pressures on supply chains, understanding and implementing effective freight audit and analytics strategies has never been more critical," said Bart A. De Muynck . "Our goal with this white paper is to equip businesses with the knowledge to navigate these complex challenges successfully."

"The Role and Importance of Freight Audit & Analytics in Effective Spend Management" is now available for download. Businesses looking to optimize their logistics operations and drive meaningful cost savings are encouraged to explore the insights and strategies outlined in this pivotal resource.

Download here

Join Us! Upcoming Webinar: Unveiling Parcel Market Insights: A Deep Dive

Don’t miss out! Join Intelligent Audit for an exclusive webinar, "Unveiling Parcel Market Insights: A Deep Dive," on April 24th at 11:30 AM ET.

Get the latest parcel market trends, strategies to cut shipping costs, and navigate supply chain disruptions with experts Hannah Testani, Joe Wilkinson, and Megan Bishop.

?Webinar Details:

• When: April 24th, 11:30 AM ET
• Where: Online
• Register Now: Click Here to Secure Your Spot

Why Attend?

• Get the latest on 2024’s parcel market trends
• Learn strategies to optimize shipping costs
• Gain insight on handling global supply chain disruptions

Space is limited—register today to ensure your spot! This is your chance to gain valuable insights and stay ahead in the logistics game.

Questions? Reach out directly. We can’t wait to have you with us!

Register Today!

The latest insights from the?Intelligent Audit Resource Hub

Reducing Revenue Leakage: The Claims Management and Freight Audit Advantage

Navigating the freight and logistics industry's complexities can be as challenging as an obstacle course, with potential pitfalls like pricing errors and freight audit issues that can significantly impact profits. Implementing freight audit software can serve as a crucial strategy, potentially boosting revenue by 2–5% by streamlining operations and avoiding common sources of revenue leakage such as lost paperwork, charge mistakes, and unrecorded services. Effective claims management plays a vital role in mitigating revenue loss, emphasizing the importance of detailed documentation, understanding carrier policies, and utilizing technology for efficient operations. Companies like Intelligent Audit are revolutionizing the field with services that help businesses of all sizes increase ROI, reduce inefficiencies, and gain valuable insights for smarter operational decisions.

Continue Reading

3PL Supply Chain Success Stories: How They Revolutionize Supply Chain Dynamics

In the complex world of supply chain and logistics, imagine Third-Party Logistics (3PL) providers as skilled navigators guiding businesses through stormy seas toward uncharted territories of efficiency and innovation. These strategic partnerships evolve beyond mere logistics, driving technological advancements and operational excellence. Harnessing real-time data, blending transportation modes, and crafting resilient supply chains, 3PLs are transforming the landscape. They're not just service providers but architects of success, paving the way for competitive advantages in the relentless market race. Dive into the revolution unfolding in supply chain management and discover how 3PLs are reshaping the future of logistics.

Click to read more about this transformative journey.

That's it for today! We hope you enjoy the White Paper and we will see you at the webinar!