The current freight capacity crunch has not been kind to corporate freight budgets. But a capacity-at-any-cost strategy is not sustainable – even in the short term. It’s why we went back and updated our idea log on freight cost reduction strategies.
If a carrier knows you’re going to give it a steady flow of freight in the same lane, it can market those backhauls and build a more efficient freight network. As a result, you’ll pay less. But in today’s seller’s market for freight, these carriers can choose the shippers they work with.
“ flexible freight strategy can save you 10% versus shipping on peak days.”
Strategy for providing latest solution
Your ability to get a carrier in and out of your facility quickly affects your rates. Few Tips to save
- Ship on off-peak days
- Stop doing annual RFPs
- Load and unload quickly
- Offer afternoon and night pick-ups
Strategies that reduce freight costs and improve available freight capacity are not mutually exclusive. Examine your own operations to see if any of these ideas could work for you.