It would be nice if every freight invoice were accurate, because then you would feel comfortable paying the bill, without doubting that the details on the invoice are incorrect. However, that is not what happens. Inaccurate freight bills are more common than business owners realize. Depending on who you ask, 10-25 percent of freight bills …
Continue reading “Why is Freight Audit and Payment Important?”
Running a shipping business can be as great as it seems, but comes with its own set of hurdles. As a business grows, the challenge is knowing how to improve and optimize all facets of the company. One way of doing that is getting accustomed to strategies that help to strengthen your supply chain. Strengthening …
Continue reading “5 Supply Chain Tactics to Strengthen Your Shipping Business”
When you’re striving to make a success of a business, you need all the help you can get, and that’s where data and analytics comes in handy. Shipping analytics provide useful information on business performance, and business intelligence which combines data tools, data mining, and data visualisation to help you to make factual decisions. Businesses …
Continue reading “How Does Brexit Impact on US Export Shipments?”
The holiday season traditionally brings with it a surge in demand, and this year is predicted to be even busier. COVID-19 has resulted in less foot-fall on the high street, with consumers turning to online shopping to satisfy their shopping lists. This has led to the shipment of more parcels, and carriers are in high …
Continue reading “Can Freight Analytics Help You to Optimize the Busy Holiday Season?”
Coronavirus has hit the world like a leaden sledgehammer and the reverberations are being felt the length and breadth of the economy and global supply chain. The volatile situation has resulted in ambiguity in terms of capacity, demand, and pricing. The World Trade Organization appraises a 9.2% decrease of global merchandise trade this year, but …
Continue reading “Will the freight industry shake off Covid-19 in 2021?”
The recent pandemic has played havoc with the economy, as small and large businesses struggle to survive. Many have turned to providing an online service, with customers happy to stay at home and order goods from the comfort of their own home. Companies are making money from online sales, but also face a hike in …
Continue reading “UPS Adds Peak Surcharge and Increases Shipping Costs”