A company’s shipping costs usually comprise of at least 10% of their overall expenses. It is therefore imperative for shippers to be more knowledgeable in various cost reducing methods that will increase the company’s bottom line. Shipping with FedEx and UPS can be very expensive, so here are a few ways to reduce those costs. …
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UPS and FedEx are the dominant small parcel shipping carriers in the industry. Although both carriers are very competitive with their rates, each company has to know what their shipping details are to ascertain which carrier to use. For example, the trend seems to be that FedEx is known for their excellent international and express …
Shipping risks refers to the gamut of potential obstacles relevant to the shipping industry. The medical industry tries to avoid wrong diagnoses, electrical engineers attempt to steer clear of technical bugs and writers from all walks of life loathe writer’s block. Shipping companies as well has their own industry-specific risks, the most basic of which …
Since fulfillment companies are in the business of managing storage and shipping on behalf of other organizations, you’d think that they would spend an appropriate amount of time inspecting the details of their own freight costs in order to ensure maximum discounts and savings. And to a large extent, most fulfillment companies do spend a …
Continue reading “Fulfillment Companies Beware: Unaudited Freight Costs Eat Away at Profits”
It’s no secret that a company’s shipping expenses can be crucial to its success, but let’s face it: we often tend to underestimate the financial impact they have on our businesses. Shipping costs may seem like a necessary evil, but we can save a lot of money by analyzing the phenomenon correctly and handling it …
Continue reading “How do you reduce shipping costs by analyzing your shipping invoice?”
In this short article we’d like to share some of the most important things you’ll need to consider should you decide to file a freight claim. So, first and foremost: What is a freight claim? There are alternative words, such as shipping/cargo/ transportation claim or loss and damage claim, and one would file such a …